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Tyree is a degree candidate at a state university. He is being claimed by his parents, but no education credits are available to him as
Tyree is a degree candidate at a state university. He is being claimed by his parents, but no education credits are available to him as his parents adjusted gross income (AGI) is above the range. He received a $4,800 unrestricted scholarship from a local civic organization. This is the only scholarship money that he received. His qualified education expenses were $3,600. How much of Tyree's scholarship is taxable?.
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