Warren and Erika paid $9,300 in qualified expenses for their son, Cash, to attend the University of Washington. Cash is in his first year of college and attended full-time. How much is Warren and Erika's American opportunity tax credit, without regard to any AGI limitation?


(A) S0.

(B) S1,800

(C) $2,500.

(D) $9,300.

Respuesta :

Answer:

(D) $9,300.

Explanation:

Assuming he is under the age of 24. A child who is a full time student can generally be claimed as a qualifying child until the year he turns 24.

Therefore, Warren and Erika's American opportunity tax credit, without regard to any AGI limitation is $9,300.