Someone â the subject, or the artist, or some organization â wants a portrayal of a certain person (or group of people). Even a street portrait of a stranger can fit, based on the photographer's intention. By the very existence of the term group portrait, clearly such a thing exists. One can also say individual portrait, but generally the implication of the term alone is that a single person is portrayed.
For years after 2006, the lowest federal tax rate percentage is 15%. Thus, for example, if an amount of $2,000 has been paid for eligible tuition fees for 2014, the student is entitled to a tuition tax credit of $300 for the 2014 tax year ($2,000 x 15%).
For each of the tax benefits discussed below, tuition must be paid to an accredited higher educational institution, which may be a college, university, or commercial certificate program. American Opportunity Credit (AOC). This credit can be claimed on the first $4,000 of qualified education expenses. It is 100 percent of the first $2,000 and 25 percent of the next $2,000, with a maximum credit of $2,500. The credit is up to 40 percent ($1,000) refundable.