Which Is Not True About the Higher Education Expense Deduction

Multiple Choice

Which is not true about the higher education expense deduction?

A) Taxpayers are allowed an "above-the-line" deduction.
B) The total amount of qualified tuition and related expenses must be reduced by the excludable interest from higher education savings bonds.
C) The deduction is allowed for qualified expenses paid during the tax year for an academic term beginning within the first 3 months of the next tax year.
D) The deduction is always $4,000.