22. In 2010, Amy receives $15,000 (of which $4,000 is earnings) from a qualified tuition program. She
Question:
22. In 2010, Amy receives $15,000 (of which $4,000 is earnings) from a qualified tuition program. She does not use the funds to pay for tuition or other qualified higher education expenses. What amount is taxable to Amy?
a. $0
b. $4,000
c. $11,000
d. $15,000 LO 5.8
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Related Book For 
Income Tax Fundamentals 2011
ISBN: 9780538469197
29th Edition
Authors: Gerald E. Whittenburg, Martha Altus-Buller
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