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John Smith received a scholarship from university He used the scholarship as follows Tuition Computer Books and Supplies Meals and lodging 10,000 2,000 5,000 12,000
John Smith received a scholarship from university He used the scholarship as follows Tuition Computer Books and Supplies Meals and lodging 10,000 2,000 5,000 12,000 Determine the tax effects of the scholarship on John Non Taxable Tuition, Computer, Books and supplies Taxable Meals and Lodging 17,000 12,000
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