In 2021, Jose paid the following amounts for his son to attend Big State University: Tuition $6,400 Room and board 4,000 Books 772 A car to use at school 1,932 Student football tickets Spending money 237 4,775 How much of the above is a qualified higher education expense for purposes of his Section 529 plar

SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter10: Individuals: Income, Deductions, And Credits
Section: Chapter Questions
Problem 17P
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In 2021, Jose paid the following amounts for his son to attend Big State University:
Tuition
$6,400
Room and board
4,000
Books
772
A car to use at school
Student football tickets
1,932
237
Spending money
4,775
How much of the above is a qualified higher education expense for purposes of his Section 529 plan?
Transcribed Image Text:In 2021, Jose paid the following amounts for his son to attend Big State University: Tuition $6,400 Room and board 4,000 Books 772 A car to use at school Student football tickets 1,932 237 Spending money 4,775 How much of the above is a qualified higher education expense for purposes of his Section 529 plan?
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