Molly:

I am paying for my child Tabitha to attend college. Can I claim an education credit? I'm also not sure which one to claim.

You:

Well, first let's see if you meet the basic requirements for either credit. I have to ask you a couple of questions. First of all, what filing status will you use on your tax return?

Molly:

I am divorced so I file single.

You:

Okay, and do you normally claim a dependency exemption for Tabitha?

Molly:

Yes, I will claim Tabitha as a dependent.

You:

Okay, your AGI is $39,000 for the year.

Molly:

Yes, that sounds right.