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Education
Q. She will have to pay taxes on $18,835 at 12%, so $2260? Meaning, it kind of cancels out AOTC?
A. The AOTC is $2500 for you. You don't compare that to the tax on $18,835 ($2260). You compare it to the tax on the ADDITIONAL $4000 of income, for her ($480).
‎February 21, 2025
2:51 PM