Burton and Kay Are Married,file a Joint Return with an AGI

question 106

Essay

Burton and Kay are married,file a joint return with an AGI of $115,000,and have one dependent child,Tyler,who is a full-time student in a Master of Accountancy program.The following expenses relate to his costs of attendance in 2016:
The tuition noted above is the gross amount charged before reduction for his $5,000 tuition scholarship.What is the maximum education credit allowed to Burton and Kay?

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Definitions:

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James Blaine

James Blaine was a prominent American politician and statesman in the late 19th century, who served as Speaker of the House, a U.S. Senator from Maine, and Secretary of State, and was the Republican nominee for president in 1884.