24. Which of the following is not true with respect to education incentives: a. The contributions to

Question:

24. Which of the following is not true with respect to education incentives:

a. The contributions to qualified tuition programs (Section 529 plans) are not deductible.

b. The contributions to educational savings accounts (Coverdell ESA) are not deductible.

c. Tuition paid by a taxpayer earning $300,000 of income is not deductible.

d. Married taxpayers must have income less than $100,000 to contribute to a qualified tuition program (Section 529 plan).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

Question Posted: