Amy is a single and works part-time at a local company. During the year, she paid $3,800 in tuition and fees to enroll in classes at the local community college. This was her second year attending college to work toward her bachelor's degree. She purchased her course materials from a friend for $300. She had not been convicted of a felony for possessing or distributing a controlled substance at the end of 2018. Her modified adjusted gross income (MAGI) is $38,000.

Assuming she otherwise qualifies, which education credit best benefits Amy and what amount of credit is she entitled to claim?

Answer rating: 100% (QA)

Based on the information provided Amy would likely benefit the most from claiming the American Oppor... View the full answer