Question: Rex and Mary are married and file a joint return. Their dependent daughter, Olivia, is a full - time student at a state university. During

Rex and Mary are married and file a joint return. Their dependent daughter, Olivia, is a full-time student at a state university. During the school year, she lives in a university residence hall. Olivia's room and board are qualified education expenses for which of the following tax benefits?
American Opportunity Tax Credit.
Series EE Savings Bonds issued after 1989 or Series I Savings Bonds.
A tax-free scholarship.
A qualified tuition program (QTP).

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