Question: Problem 1 2 - 4 4 ( LO 1 2 - 3 ) ( Static ) Brady recently graduated from SUNY - New Paltz with

Problem 12-44(LO 12-3)(Static)
Brady recently graduated from SUNY-New Paltz with his bachelor's degree. He works for Makarov & Company CPAs. The firm pays his tuition ( $10,000 per year) for him so that he can receive his Master of Science in Taxation, which will qualify him to sit for the CPA exam.
How much of the $10,000 tuition benefit does Brady need to include in gross income?
Taxable tuition benefit
Problem 1 2 - 4 4 ( LO 1 2 - 3 ) ( Static ) Brady

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