Maria is a full-time student at State College who just completed her second year of college. She is not claimed by her parents. She incurred the following costs: tuition and fees of $8,000, books for classes $800, the housing of $9,000. She also works part-time. She received $13,800 as a distribution from her 529 plan. Her tax liability from her earned income is $1,200. What is her American Opportunity Credit on her tax return?

Answer rating: 100% (QA)

Solution Total income 80... View the full answer