ACCT 2000 LSU Lowe-Ardoin Final: Income
Tax and Formulas (Verified Answers)
Single Standard Deduction - ✔✔6300
MFJ Standard Deduction - ✔✔12600
MFS Standard Deduction - ✔✔6300
HOH Standard Deduction - ✔✔9300
SS/QW Standard Deduction - ✔✔12600
Additional Standard Deduction - ✔✔Additional amounts if you are blind and/or over 65
American Opportunity Credit - ✔✔$2500 per student for 4 years postsecondary education
Lifetime Learning Credit - ✔✔20% credit up to $10000 of qualified tuition and
related expenses per year of graduate and undergraduate education; unlimited # of
years
Filing date - ✔✔File on April 15, or October 15 if you file the Form 4868
- ✔✔
Tax and Formulas (Verified Answers)
Single Standard Deduction - ✔✔6300
MFJ Standard Deduction - ✔✔12600
MFS Standard Deduction - ✔✔6300
HOH Standard Deduction - ✔✔9300
SS/QW Standard Deduction - ✔✔12600
Additional Standard Deduction - ✔✔Additional amounts if you are blind and/or over 65
American Opportunity Credit - ✔✔$2500 per student for 4 years postsecondary education
Lifetime Learning Credit - ✔✔20% credit up to $10000 of qualified tuition and
related expenses per year of graduate and undergraduate education; unlimited # of
years
Filing date - ✔✔File on April 15, or October 15 if you file the Form 4868
- ✔✔