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# Jeremy and Celeste paid the following for their daughter, Al

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49. Jeremy and Celeste paid the following for their daughter, Alyssa, to attend University of Colorado, during 2009. Alyssa was in her first year of college and attended full-time: The spring semester at University of Colorado begins in January. In addition to the above, Alyssa's uncle Devin sent \$800 as payment for her tuition directly to the University. Jeremy and Celeste have modified AGI of \$165,000. What is the amount of qualifying expenses for purposes of the Hope credit? What is the amount of Hope credit that Jeremy and Celeste can claim based on their AGI?

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Jeremy and Celeste paid the following for their daughter, Alyssa, to attend University of Colorado, during 2009. Alyssa was in her first year of college and attended full-time: The spring semester at University of Colorado begins in January. In addition to the above, Alyssa's uncle Devin sent \$800 as payment for her tuition directly to the University. Jeremy and Celeste have modified AGI of \$165,000. What is the amount of qualifying expenses for purposes of the Hope credit? What is the amount of Hope credit that Jeremy and Celeste can claim based on their AGI?

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What is the amount of qualifying expenses for purposes of the Hope credit?

In 2009, the maximum for the Hope Credit was \$1,800. This would be based on her actual expenses. The Hope credit gives the taxpayer 100% of the first \$1200 paid in expenses, and 50% of the remaining amount, up to a limit of a total credit of ...

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