Which of the following is correct for Qualified Tuition Programs? a. Contributions are deductible, and qualified educational
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Which of the following is correct for Qualified Tuition Programs?
a. Contributions are deductible, and qualified educational expense distributions are tax free.
b. Contributions are not deductible, and qualified educational expense distributions are tax free.
c. Contributions are deductible, and qualified educational expense distributions are taxable.
d. Contributions are not deductible, and qualified educational expense distributions are taxable.
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Related Book For
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
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