Any Distribution from a Qualified Tuition Plan Not Used for Qualified

question 1451

True/False

Any distribution from a qualified tuition plan not used for qualified higher education expenses is both included in income and subject to a 10% penalty.

---

Definitions:

Audience-centered

A communication approach focusing on the needs, interests, and understanding of the audience.

Informal Communication

The casual and unofficial form of communication that occurs naturally among people within an organization.

Social Setting

A social setting is an environment or context where interactions among individuals or groups occur, influenced by cultural and social norms.

Audience-centered Approach

A method of communication that focuses on understanding and addressing the needs, interests, and expectations of the audience.