John, a single father, has AGI of $83,000 in 2020. During the year, he pays $4,000 in

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John, a single father, has AGI of $83,000 in 2020. 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 2020?
a. $0
b. $1,750
c. $2,250
d. $2,500
e. $4,000

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Income Tax Fundamentals 2021

ISBN: 9780357141366

39th Edition

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

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