Max Paid $5,000 of Tuition for Him to Attend a Private

question 39

Multiple Choice

Max paid $5,000 of tuition for him to attend a private university this year.  How much of this payment can Max deduct as a qualifying education expense if he files single and reports modified AGI of $60,000 (assume the 2016 rules apply for purposes of the qualified education expense deduction) ?

• A) $5,000.
• B) $4,000.
• C) $2,000.
• D) $0.
• E) None of the choices are correct.

---

Definitions:

Cognitive

Relating to cognition, involving the processes of thinking, understanding, learning, and remembering.

Activation-synthesis

A theory of dreaming that states dreams are created by the higher centers of the cortex to explain the activation by the brain stem of cortical cells during REM sleep periods.

Narcolepsy

A chronic sleep disorder characterized by overwhelming daytime drowsiness and sudden attacks of sleep, often linked to a deficiency in the brain's regulation of wakefulness.

Muscle Paralysis

The loss of muscle function in part of your body, which can be a complete or partial inability to move muscles.