The Biggest Financial Barriers Facing Black Americans and Strategies to Tackle Them We all have money concerns, but for Black Americans they are multiplied by many factors endemic to our society and our history. Point by point, we explore the challenges and offer some practical tips for individuals striving to overcome them. There are many…
Therefore, if neither child qualifies for the American opportunity credit, the lifetime learning credit is $1,600 ($8,000 ? 20%) For the lifetime learning credit, only expenses of $8,000 for both children are qualified educational expenses, because the $1,000 per child for books does not qualify. A taxpayer erican opportunity credit and lifetime learning credit) or…