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Which of the following statements, if any, is (are) correct? 1. Prepaid Tuition plans provide for the prepayment of college tuition at current tuition prices
Which of the following statements, if any, is (are) correct? 1. Prepaid Tuition plans provide for the prepayment of college tuition at current tuition prices for future enrollment. 2. A disadvantage of a QTP (qualified tuition plan) is that the owner/contributor must relinquish control of the account, and share control of the funds with the student / beneficiary."
| 1 only. |
| 2 only. |
| Both 1 and 2. |
| Neither 1 nor 2. |
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
