What is the amount and type of education tax credits

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Question - Walt and Deloris 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 $3,500 for Bill (who is a half-time student) and $7,000 for Tiffany. What is the amount and type of education tax credits that Walt and Deloris can take, assuming they have no modified AGI limitation?

Reference no: EM131913519

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