John, a single father, has AGI of $51,000 in 2016. During the year, he pays $4,000 in

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John, a single father, has AGI of $51,000 in 2016. During the year, he pays $4,000 in qualified tuition for his dependent son, who just started attending Small University. What is John’s American Opportunity tax credit for 2016?

a. $0
b. $800
c. $2,500
d. $4,000
e. Some other amount

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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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