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QUESTION

and Mrs. Snyder have two children in college. Lena is a freshman.Tuition and required fees for her attendance are $12,000.

Mr. and Mrs. Snyder have two children in college. Lena is a freshman.Tuition and required fees for her attendance are $12,000. Lena has a partial scholarship covering $ 8,500 and the Snyders paid $5,500 for her tuition balance, plus another $8,500 for room and board. Gilda is a junior. The Snyders paid $7,900 for her tuition and $9,000 for her room and board. Both students qualify as their dependents. The Snyders have AGI of $171,000.Calculate the maximum higher education credits available to the Snyders.

Credit allowed = $

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