This Fall Marsha and Jeff Paid $5,000 for Their Son

question 62

Multiple Choice

This fall Marsha and Jeff paid $5,000 for their son Josh's tuition and fees at State University (a qualified education institution) . They also paid $1,000 for Josh's books. How much of these two payments can Marsha and Jeff deduct this year, assuming Josh is their dependent and their modified AGI is $135,000? (Assume the 2016 rules apply for purposes of the qualified education expense deduction.)

• A) Marsha and Jeff can deduct $2,000 for AGI.
• B) Marsha and Jeff can deduct $4,000 for AGI.
• C) Marsha and Jeff can deduct $2,500 for AGI.
• D) Marsha and Jeff can deduct $5,000 for AGI.
• E) None - the tuition is not deductible.

---

Definitions:

Blood Pressure Checks

The procedure of measuring the force exerted by circulating blood on the walls of blood vessels.

Follow-Up Database

A database designed to store and manage information for the ongoing tracking of patients' health status and outcomes after initial treatment or diagnosis.

Complete Health History

A thorough collection of a patient's personal health information, including past medical conditions, surgeries, allergies, and lifestyle factors, essential for effective healthcare planning.

Problem-Centered History

An approach in medical evaluations focusing on the specific concerns or issues presented by the patient, often used to guide clinical decision-making.