2018-2019 Estimated EFC, Federal Pell Grant and MN State ...
tax liability is $145 after including the Pell Grant in income. Altogether, the family’s total tax liability is reduced by $1,155 . Column 2: This family allocates the Pell Grant to all $4,000 of tuition, leaving no expenses eligible for the AOTC, and thus, receives no education credit. While the student has $0 in tax ................
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