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Sara Student is a fulltime first-year student at Small State University (SSU). Her tuition for the year is $42,000, which is paid by Sara’s mother, Susan. Sara also has a job as a model, earning substantial money; therefore, Sara does not qualify as Susan’s dependent. Can Sara’s mother claim the American Opportunity Credit for the tuition she paid? Can Sara claim the American Opportunity Credit on any unused portion of the tuition?
a. Locate the Code sections(s) that deals with this situation. State the section number(s).
b. Review the Code section(s). Does it raise a need for new information to solve this question?
c. Are you able to reach a conclusion about the research question from this Code section? If so, what is your conclusion(s)?
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