In the Fall of 2019,James Went Back to School to Earn

question 87

Multiple Choice

In the fall of 2019,James went back to school to earn a master of accountancy degree.He incurred $7,000 of qualified educational expenses and his modified AGI for the year was $40,000.His Lifetime Learning Credit is

• A)$1,000.
• B)$1,400.
• C)$1,800.
• D)$2,500.

---

Definitions:

Open-Ended

An open-ended question or format does not have a specific or fixed set of responses, allowing participants to answer in their own words.

Double-Barreled

Double-barreled refers to questions or statements that address two or more issues at once, making it difficult to respond accurately or analyze effectively.

Online Surveys

A data collection method using internet-based questionnaires to gather information from respondents.

Immediate Access

The capability to obtain or use resources, services, or information without delay.