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Sam Paid the Following Expenses During October 2014 for His

Question 78

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Sam paid the following expenses during October 2014 for his son Aaron's spring 2015 college expenses: Spring 2015 semester begins in January 2015: Sam paid the following expenses during October 2014 for his son Aaron's spring 2015 college expenses: Spring 2015 semester begins in January 2015:   In addition,Aaron's uncle paid $500 for college fees on behalf of Aaron directly to the college.Aaron is claimed as Sam's dependent on his tax return.How much of the paid expenses qualify for purposes of the education credit deduction for Sam in 2014? A)  $3,500. B)  $11,500. C)  $18,000. D)  $18,500. In addition,Aaron's uncle paid $500 for college fees on behalf of Aaron directly to the college.Aaron is claimed as Sam's dependent on his tax return.How much of the paid expenses qualify for purposes of the education credit deduction for Sam in 2014?


A) $3,500.
B) $11,500.
C) $18,000.
D) $18,500.

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