Andrea worked hard in high school so that she could get a college scholarship. She was admitted to a qualifying educational institute, where she received the following scholarship: $20,000 tuition, $1,000 books, $3,000 dorm room, and $2,000 meals. How much, if any, must Andrea report as gross income?

Answer rating: 100% (QA)

In the United States scholarship and grant amounts used for qualified ed... View the full answer