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Author Question: Which of the following statements regarding qualified tuition programs isincorrect? (Read 48 times)

APUS57

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on: Sep 13, 2020
Which of the following statements regarding qualified tuition programs is incorrect?
◦ Distributions from income earned by a qualified tuition program are tax-free if used for qualified higher education expenses.
◦ Distributions of income are taxed to the donor if the proceeds are not used for higher education expenses.
◦ A qualified tuition program may be established by parents or grandparents.
◦ Contributions to a qualified tuition program are distributed tax-free.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by APUS57 on Sep 13, 2020

matt

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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APUS57

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Reply 2 on: Sep 13, 2020
Excellent

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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