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Max Paid $5,000 of Tuition for Him to Attend a Private

Question 17

Multiple Choice

Max paid $5,000 of tuition for him to attend a private university this year.How much of this payment can Mason deduct as a qualifying education expense if he files single and reports modified AGI of $60,000?


A) $5,000
B) $4,000
C) $2,000
D) $0
E) None of thesE.The deduction is limited to $4,000 for single taxpayers with modified AGI of $65,000 or less.

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