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Which of the Following Is True with Respect to an Education

Question 136

Multiple Choice

Which of the following is true with respect to an education incentive?


A) Contributions to Qualified Tuition Programs (Section 529 plans) are deductible.
B) Contributions to education savings accounts (Coverdell ESAs) are deductible.
C) Tuition paid by a taxpayer earning $300,000 of income is deductible.
D) Married taxpayers at any income level may contribute to a Qualified Tuition Program (Section 529 plan) .

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