Question:

Required information The following information applies to

Last updated: 3/24/2024

Required information The following information applies to

Required information The following information applies to the questions displayed below In 2023 Elaine paid 2 000 of tuition and 680 for books for her dependent son to attend State University this past fall as a freshman Elaine files a joint return with her husband What is the maximum American opportunity tax credit that Elaine can claim for the tuition payment and books in each of the following alternative situations Note Leave no answer blank Enter zero if applicable b Elaine s AGI is 172 500 Note Round your intermediate calculations to the Nearest whole dollar amount American opportunity tax credit