In the Fall of 2015,Gina Went Back to School to Earn

question 99

Multiple Choice

In the fall of 2015,Gina went back to school to earn a master of taxation degree.She incurred $7,000 of qualified educational expenses and her modified AGI for the year was $57,000.Her Lifetime Learning Credit is

• A)$2,500.
• B)$1,400.
• C)$280.
• D)$1,120.