In 2018, Amy receives $8,000 (of which $3,000 is earnings) from a qualified tuition program. She does

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In 2018, Amy receives $8,000 (of which $3,000 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. $8,000

c. $3,000

d. $11,000

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Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Mar 02, 2019 05:28 AM

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In 2018, Amy receives $8,000 (of which $3,000 is earnings) from a qualified tuition program. She does

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Income Tax Fundamentals 2019

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