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What is the american opportunity tax credit

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Reference no: EM132690051

Janie graduates from high school in 2019 and enrolls in college in the fall. Her parents (who file a joint return) pay $13,100 for her tuition and fees.

Problem 1: Assuming Janie's parents have AGI of $177,000, what is the American Opportunity tax credit they can claim for Janie?

Reference no: EM132690051

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