Multiple Choice
Jeffery and Cassie,who are married with modified AGI of $90,000,are sending their son to his first year of college.Their total tuition and related payments during 2015 amounted to $5,500.They have not taken advantage of any other type of tax benefit related to educational expenses.Their American Opportunity Tax Credit for 2016 is
A) $1,500.
B) $2,000.
C) $2,500.
D) $5,000.
Correct Answer:

Verified
Correct Answer:
Verified
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