What education tax credits are available

Assignment Help Accounting Basics

Reference no: EM132959521

Question

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 $3,200 for Bill (who is a half-time student) and $8,000 for Tiffany.

Required:

-What education tax credits are available if Walt and Deloris report modified AGI of $127,300?Bill 2300 AOTC Tiffany???? Lifetime Earning Credit

Reference no: EM132959521

Questions Cloud

Compute the annual dollar-weighted return : Compute the simple Holding Period Return and Compute the annual dollar-weighted return

What was concord net income for the year : The company recorded revenues of $1230000, expenses of $971000, and paid dividends of $62000. What was Concord net income for the year?

What amount do you need in your retirement account : What amount do you need in your retirement account the day you retire? Do not round intermediate calculations. Round your answer to the nearest cent

Describe a scenario where a front-line manager : Describe a scenario where a front-line manager's input is required to accurately produce an Income Statement

What education tax credits are available : What education tax credits are available if Walt and Deloris report modified AGI of $127,300?

Determine the sample mean and standard deviation : Determine the sample mean and standard deviation for Sample X and Sample Y and Determine a 95 per cent confidence interval

Proactive steps a human resources professional : What are some proactive steps a human resources professional can take to ensure a productive relations with vendors?

Structure and role of joint health and safety committees : Describe the structure and role of joint health and safety committees. In your answer, reflect on how such committees enact the right to participate?

Describe the four major sources of external influence : Describe the four major sources of external influence on HR and staffing and how it impacts the recruitment and selection practices of organizations.

User Account

All Pages