Question: A Hide Time Remaining a Part 2 of 8 Question 11 of 20 2.5 Points Bob Johnson established a Section 529 qualified tuition plan for

A Hide Time Remaining a Part 2 of 8 Question 11 of 20 2.5 Points Bob Johnson established a Section 529 qualified tuition plan for his son Robert several years ago. It is now time to pay Robert's first year college costs. The current value of the fund is $80,000. If Bob withdraws $20,000 to pay qualified tuition expenses, how will the distribution be taxed? O A To Bob O B. To Robert O C Only the returns on the initial contribution will be taxed. OD. There will be no federal taxes. Reset Selection

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