1-Donna receives a need based scholarship of $10,000 that covers half of her tuition. She also receives a total stipend of $7,000 for her job as a resident advisor in the campus dormitories. In addition, she receives free room and board in the dorms (a fair market value of $12,000) where she is required to live. The taxable amount of these payments to Donna is ______

Question options:

	$29,000
	$19,000
	$7,000

Answer rating: 100% (QA)

Answer 7000 Stipends are taxable if The part of any aw... View the full answer