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Olenka [21]
2 years ago
12

The American opportunity tax credit is available only for those students who are in their first or second year of postsecondary

education.
Business
1 answer:
Triss [41]2 years ago
3 0

The American possibility credit score is especially for undergraduate university college students and their parents. you can claim the credit for your taxes for most of four years. Your mother and father will claim the credit in the event that they paid on your training charges, and you're indexed as a depending on their go back.

The American Opportunity Tax credit score is a tax credit to help pay for schooling charges paid for the first 4 years of training completed after excessive faculty. you may get a most annual credit of $2,500 in keeping with eligible pupils and 40% or $1,000 might be refunded if you owe no tax.

The eligible for AOTC, the student ought to: Be pursuing a diploma or different diagnosed schooling credential. Be enrolled at least 1/2 time for at least one educational duration* beginning within the tax year. no longer have completed the primary 4 years of higher schooling at the start of the tax.

Learn more about  American Opportunity here:brainly.com/question/1549591

#SPJ4

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What is a federal reserve note in simple terms?
valina [46]
Federal reserve notes are the marks on money like the serial number, U.S emblems, and the signatures. They show that the money is an American Dollar.
6 0
3 years ago
A reference group acts as a point of comparison and as a source of information for an individual.
Eva8 [605]

Answer:

True

Explanation:

A reference group is that group in which the comparison is made between the individual person or the group as the case may be.

In this group, the evaluation of individual taken place with respect to nature, behaviors, and characteristics so that they can know about them i.e performance, aims, etc

Thus, it is a mix of comparison, evaluation, and personal attributes

7 0
3 years ago
Many places of business will not take a check, but will take a credit card. True or False
luda_lava [24]
<span>True, because if they take a check, they may be cheated because the check has an expiration date, and the credit card does not

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7 0
3 years ago
LLY Corporation is planning to issue a $1,000 face value bond with a maturity of 30 years. The annual coupon rate is expected to
VladimirAG [237]

Answer:

$739.72 ≈  739.72

Explanation:

we can use an excel spreadsheet and the present value function to calculate the expected price of each bond ⇒ =PV(rate,nper,pmt,fv,[type])

  • fv = $1,000
  • pmt = $1,000 x 7.25% x 1/2 = $36.25
  • nper = 60
  • rate = 10% / 2 = 5%
  • present value = ?

=PV(5%,60,36.25,1000) = -739.72 since excel calculates the initial investment, it is always negative, so we just change the sign.

6 0
3 years ago
Seth is mentally incompetent but has not been adjudged by a court to be incompetent. Seth enters into a contract with Toby for t
Kaylis [27]

Answer:

Void

Explanation:

Void is the term of law, which is defined as the contract is not valid currently, and the parties of the contract are not held to its terms. The void contract is the one which is generally unenforceable.

The contract could be void because of many reasons like the contract need one party to perform that act which is impossible or in that case, where one party is not mentally incompetent.

So, in this case, the contract is most likely to be void as the contract with the party who is mentally incompetent, though the party has not been adjudged through court.

6 0
3 years ago
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