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What are the amount and type of education tax credits

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Walt and Deloris, who file a joint return, have two dependent children, Bill and Tiffany. Bill is a freshman at State University, and Tiffany is working on her graduate degree. The couple paid qualified expenses of $3,900 for Bill (who is a half-time student) and $7,800 for Tiffany.

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problem 1: What are the amount and type of education tax credits that Walt and Deloris can take, assuming they have no modified AGI limitation?

Reference no: EM132780666

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