In 2019, Jose paid the following amounts for his son to attend Big State University:   Tuition $9,000 Room and board 6,300 Books 900 A car to use at school 4,950 Student football tickets 285 Spending money 4,960   How much of the above is a qualified higher education expense for purposes of his Qualified Tuition Program?

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter2: Gross Income And Exclusions
Section: Chapter Questions
Problem 26MCQ
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In 2019, Jose paid the following amounts for his son to attend Big State University:

 
Tuition $9,000
Room and board 6,300
Books 900
A car to use at school 4,950
Student football tickets 285
Spending money 4,960

 

How much of the above is a qualified higher education expense for purposes of his Qualified Tuition Program?

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Qualified higher education expense for qualified tuition program = Tuition expenses + Room and Board expenses + Book Expenses

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