2 Transcribed Image Text: Samuel’s tuition and fees for the past year totaled $12,000. Of these costs, $9,000 were paid by a withdrawal by his parents from a 529 account

2 Transcribed Image Text: Samuel’s tuition and fees for the past year totaled $12,000. Of these costs, $9,000 were paid by a withdrawal by his parents from a 529 account and the
remainder was borrowed by Samuel. Which of the following tax issues is true?
O A. an American Opportunity tax credit of $2,250 may be taken.
B. an American Opportunity tax credit of $2.500 may be taken.
C. Samuel can take a Lifetime Learning credit of $2,000
O D. a student loan interest deduction may be taken this year on implicit interest even if the actual interest payment is deferred until after he graduates.

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