Burton and Kay are married,file a joint return with an AGI of $116,000,and have one dependent child,Tyler,who is a full-time student in a Master of Accountancy program.The following expenses relate to his costs of attendance in 2017:
The tuition noted above is the gross amount charged before reduction for his $5,000 tuition scholarship.What is the maximum education credit allowed to Burton and Kay?
Definitions:
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Copula
In logic and grammar, a word or expression that links the subject of a sentence to a predicate, such as "is" in "The sky is blue."
Quantifier
A symbol or word used in logic and mathematics to specify the quantity of subjects to which a statement applies.
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A statement or assertion that conveys a complete thought or idea, typically containing a subject and predicate that make a declarative statement.
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