Answer: $2,500
Explanation:
The American opportunity tax credit (AOTC) is a measure by the IRS that is a credit for QUALIFIED education expenses paid on Eligible students.
A maximum of $2,500 in credit can be acquired per eligible student.
To qualify for the full amount of this tax credit, your Modified Adjusted Gross Income (MAGI) must be $80,000 or less ($160,000 or less for married filing jointly).
The Shaws are married and file jointly with a MAGI of $148,000 which is less than the $160,000 limit which means that they are due for the entire credit amount of $2,500 as they pay education expenses for their ONE dependant child assuming Dante meets the various eligibility criteria.
The amount of the Shaws' American Opportunity credit for the year is $2,500.
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Answer:
It gives proper credit to the author, it helps you avoid plagiarism, and it helps to create more ideas in your mind.
Answer:
105
Explanation:
1+2+3+4+5+6+7+8+9+10+11+12+13+14 = 105
Answer:
c. It shows the purchasing history of citizens by year.
Explanation:
CPI stands for Consumer Price Index. A census in CPI will provide the data about the changes in average price of customers goods and services that's bought by the households in a country.
A government can know the purchasing history of average citizens by examining the changes in these prices. (If the price increases, it usually indicates that more customers purchases that particular product.)
