1. David is the designated beneficiary of a 529 plan. This year, he took a distribution of $10,000 from the plan to pay down his student loan ($9,500 in principal and $500 interest). This is the only payment he made on his student loan this year. He received a Form 1098-E showing $500 in student loan interest paid. How much may David deduct on his tax return this year?

A. $0

B. $250

C. $500

D. $1,000

2. Which of the following taxpayers will be required to file a 2020 federal income tax return?

A. Cayson (58), head of household, gross income $17,100.

B. Glenn (72) and Darlene (68), married filing jointly, gross income $26,650.

C. Aston (72) and Ashlee (63), married filing jointly, gross income $25,150.

D. Halima (72), married filing separately, gross income $11,200.