The American Opportunity credit available to Jermaine and Kesha for 2021 is:$5,000.
First step is to calculate the American Opportunity credit for Devona
American Opportunity credit for Devona=(100% of first qualifying expenses+ 25% of next qualifying expenses)
American Opportunity credit for Devona=(100%×$2,000)+(25%×$2,000)
American Opportunity credit for Devona=$2,000+$500
American Opportunity credit for Devona=$2,500
Second step is to calculate the American Opportunity credit for Arethia's
American Opportunity credit for Arethia's =(100% of first qualifying expenses+ 25% of next qualifying expenses)
American Opportunity credit for Arethia's=(100%×$2,000)+(25%×$2,000)
American Opportunity credit for Arethia's=$2,000+$500
American Opportunity credit for Arethia's=$2,500
Third step is to calculate the Total American Opportunity credit
Total American Opportunity credit= American Opportunity credit for Devona +American Opportunity credit for Arethia's
Total American Opportunity credit=$2,500+$2,500
Total American Opportunity credit=$5,000
Based on the above calculation total American Opportunity credit will be $5,000 reason being that both Jermaine and Kesha's Adjusted Gross Income of the amount of $82,500 is not higher than $160,000.
Inconclusion the American Opportunity credit available to Jermaine and Kesha for 2021 is:$5,000.
Learn more about American Opportunity credit here:brainly.com/question/24535935
