Audrey received a $8,000 qualified tuition reduction equal from an eligible educational institution that was used.To pay

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Audrey received a $8,000 qualified tuition reduction equal from an eligible educational institution that was used.To pay her son's tuition at a different eligible educational institution in another state.

How much of the tuition reduction Audrey received must she include in her income?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 10, 2023 03:07 AM

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Audrey received a $8,000 qualified tuition reduction equal from an eligible educational institution that was used.To pay

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Generally qualified tuition reductions are excluded from income and not subject to tax However in th... View the full answer

Income Tax Fundamentals 2013

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