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Tom and Anita Are Married, File a Joint Return with an AGI

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Tom and Anita are married, file a joint return with an AGI of $165,000, and have one dependent child, Tim, who is a first-time freshman in college. The following expenses are incurred and paid in 2014:
Tom and Anita are married, file a joint return with an AGI of $165,000, and have one dependent child, Tim, who is a first-time freshman in college. The following expenses are incurred and paid in 2014:    What is the maximum education credit allowed to Tom and Anita? What is the maximum education credit allowed to Tom and Anita?


Definitions:

Records

A database term referring to individual entries that represent specific instances of the data model, each with a unique set of field values.

Visual Basic Editor

An Integrated Development Environment (IDE) used for programming in Visual Basic and creating macros in Microsoft Office applications.

Access Module

A component within Microsoft Access that contains VBA (Visual Basic for Applications) code to automate tasks or add functionalities.

Form Design View

A workspace in database applications where users can create or modify the structure of a form by adding or arranging fields, labels, and other elements.

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