Solution-What amount is taxable to Amy

What amount is taxable to Amy

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Reference no: EM132673907

Problem - In 2019, Amy receives $8,000 (of which $3,000 is earnings) from a qualified tuition program. She does not use the funds to pay for tuition or other qualified higher education expenses. What amount is taxable to Amy?

a. $0

b. $8,000

c. $3,000

d. $11,000

Reference no: EM132673907

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What amount is taxable to Amy

Reference no: EM132673907

Reference no: EM132673907

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