Compare similarities and differences of the American opportunity tax credit and the lifetime learning credit.
Question:
Compare similarities and differences of the American opportunity tax credit and the lifetime learning credit.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
Both credits are available for the taxpayer the taxpayers spouse and the taxpayers dependents Both a...View the full answer
Answered By
Diane Joyce Pastorin
Please accept my enthusiastic application to solutioninn. I would love the opportunity to be a hardworking, passionate member of your tutoring program. As soon as I read the description of the program, I knew I was a well-qualified candidate for the position.
I have extensive tutoring experience in a variety of fields. I have tutored in English as well as Calculus. I have helped students learn to analyze literature, write essays, understand historical events, and graph parabolas. Your program requires that tutors be able to assist students in multiple subjects, and my experience would allow me to do just that.
You also state in your job posting that you require tutors that can work with students of all ages. As a summer camp counselor, I have experience working with preschool and kindergarten-age students. I have also tutored middle school students in reading, as well as college and high school students. Through these tutoring and counseling positions, I have learned how to best teach each age group.
4.60+
2+ Reviews
10+ Question Solved
Related Book For
Taxation For Decision Makers 2019
ISBN: 9781119497288
9th Edition
Authors: Shirley Dennis Escoffier, Karen A. Fortin
Question Posted:
Students also viewed these Business questions
-
Please explain the difference between the types of education covered by the American Opportunity tax credit and the lifetime learning credit....
-
Multiple Choice Questions 1. Jamison is a single dad with two dependent children, Zoey, age 7 and Conner, age 3. He has an AGI of $81,000 and paid $6,300 to a qualified day care center for the two...
-
1. Darren paid the following expenses during November 2015 for his son Sean's college expenses for spring 2016 semester, which begins in January 2016: Tuition................... $12,000...
-
A palindrome is a string that is the same backward as it is forward. For example,tot and otto are rather short palindromes. Write a program that lets a user enter a string and that passes to a bool...
-
Explain how autonomic neurotransmitters influence the actions of effector cells.
-
List seven questions the systems analyst should consider when assessing project priorities.
-
Refer to the information from QS 21-18. Compute the variable overhead spending variance and the variable overhead efficiency variance and classify each as favorable or unfavorable. Data From QS 21-18...
-
1. With respect to the natural resources needed to make wickable shirts, is Patna or Lucknow the preferred location? Why? 2. With respect to transportation considerations, is Patna or Lucknow the...
-
A small electric immersion heater is used to heat 87 g of water for a cup of instant coffee. The heater is labeled "120 watts" (it converts electrical energy to thermal energy at this rate)....
-
a-b. Merchandise Inventory , before adjustment, has a balance of $7,800. The newly counted inventory balance is $8,300. c. Unearned Seminar Fees has a balance of $6,300, representing prepayment by...
-
Explain the gross income test to qualify as a dependent.
-
How do alternative minimum tax rates compare to the regular income tax rates?
-
Estimate the speed of water emerging from an opening at the bottom of a dam when the water in the reservoir behind the dam is held at a height h above the opening. Compare the results of using...
-
1. On March 31, St. Davids Hospital had assets of $500,000, liabilities of $300,000, and net assets of $200,000. During April, the following transactions were completed: 1. Services rendered to...
-
Skysong Car Care Company expects to have a cash balance of $57,800 on January 1, 2025. These are the relevant monthly budget data for the first two months of 2025. There were no outstanding...
-
Solve the definite integral problems for functional boundaries using MATLAB -2x +1 12 dx (2x-3x+1) I(t)= ) = 7 cost
-
The primary energy consumption in Germany increased from 2,000 Mtoe in 2012 to 2,300 Mtoe in 2013. The GDP increased from 15,197 billion Euros in 2012 to 16,603 billion Euros in 2013 at constant...
-
What is the A/R net balance in the latest year? What is the A/R turnover? Do you think this is good or bad for this company/industry? Why or Why not.
-
An inductor has a reactance of 56.5 at 85.0 Hz. What is its reactance at 60.0 Hz?
-
Consider a game of poker being played with a standard 52-card deck (four suits, each of which has 13 different denominations of cards). At a certain point in the game, six cards have been exposed. Of...
-
In the current year, Pelican, Inc., incurs $10,000 of meals and entertainment expenses that it deducts in computing net income per the corporations financial statements. All of the meals and...
-
In the current year, Juanita and Joseph form a two-member LLC and do not file Form 8832 (Entity Classification Election). As a result, the LLC will be treated as a partnership for Federal tax...
-
A personal service corporation (PSC) generally is limited to the calendar year for reporting purposes. One exception to this rule is when the PSC can demonstrate a business purpose for a fiscal...
-
What is your current age? How much do you need to put in an account starting today to have $1 million at age 62? Answer text Question 7 Rich text editor
-
5. You are considering the following two mutually exclusive projects. The crossover rate between these two projects is percent and Project should be accepted if the required return is greater than...
-
If a universal life insurance policy uses "adjustable monthly mortality deduction rates," what does that usually mean? Question 4 options: The rate charged for the insurance element of the contract...
Study smarter with the SolutionInn App