Stephen is a graduate student at West University. He works part time at the campus coffee shop
Question:
Stephen is a graduate student at West University. He works part time at the campus coffee shop carning $5,000 this year. Stephen also receives a $25,000 scholarship that pays for his tuition, fees, and books. What amount does Stephen include in his gross income?
a. $25,000
b. $5,000
c. $30,000
d. $0
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Essentials Of Taxation Individuals And Business Entities 2019
ISBN: 9780357233290
1st Edition
Authors: William A Raabe, James C Young
Question Posted: