In the Fall of 2014,James Went Back to School to Earn

question 25

Multiple Choice

In the fall of 2014,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.

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Definitions:

Container

In software and web development, an element that holds or encapsulates other elements or components for organization or layout purposes.

Tab Control

A graphical control element that allows users to switch between different views or panels within the same window, organizing content into separate tabs.

Text Boxes

Input fields in a user interface that allow users to enter or edit text information.

Command Buttons

User interface elements that trigger actions when clicked, often found in forms and applications.