Michael and Kathy have one dependent, Dustin, who is in his third year of college. Michael is

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Michael and Kathy have one dependent, Dustin, who is in his third year of college. Michael is taking classes in the evening toward an MBA. What credits can Michael and Kathy claim as to these amounts?
I. American Opportunity Tax Credit
II. Lifetime Learning Credit
a. I only
b. II only
c. I and II
d. I or II
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South Western Federal Taxation Individual Income Taxes 2017

ISBN: 9781305873988

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen

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