What is the american opportunity credit

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Reference no: EM13953852

Bill and Susan are married and file a joint income tax return. For 2014, their modified AGI is $70,000. Their daughter, Kelly, is in her third year at State University. They paid $4,300 for Kelly's tuition. What is the American Opportunity Credit that Bill and Susan can claim?

$860

$2,150

$2,500

Reference no: EM13953852

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