lisa Is single and has an AGI amount of 68000 What is the ma
lisa Is single and has an AGI amount of $68,000. What is the maximum above the line deduction that she can claim on her 2017 tax form for qualified higher education expenses that are paid by her.
A $0
B $1000
C $2000
D $4000
Solution
Maximum deduction for qualifying education expenses are limited to $4,000 if AGI is less than $68,000.
Thus, correct option is option -d
