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Harris and Sheldon file married/joint. They pay tuition for their two children both of whom are their dependents. They pay $1

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As Harris and Sheldon has AGI of $130000.

Taxpayers with a 2018, 2019 or 2020 annual modified adjusted gross income between $65,001 and $80,000 ($130,001 and $160,000 if married filing jointly) may claim a maximum $2,000 deduction. The taxpayer, their spouse or a dependent child incurred qualified expenses at an eligible postsecondary education institution.

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