Multiple Choice
Which of the following is correct for Qualified Tuition Programs?
A) Contributions are deductible and qualified educational expense distributions are tax-free.
B) Contributions are not deductible and qualified educational expense distributions are tax-free.
C) Contributions are deductible and qualified educational expense distributions are taxable.
D) Contributions are not deductible and qualified educational expense distributions are taxable.
Correct Answer:
Verified
Correct Answer:
Verified
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