The Discharge of Certain Student Loans Is Excluded from Income

question 97

Multiple Choice

The discharge of certain student loans is excluded from income if all of the following are present except for

• A)the loan must have been made by governmental,educational,or charitable organizations.
• B)the loan proceeds must have been used to pay the cost of attending an education institution or used to refinance outstanding student loans.
• C)the loan forgiveness must be contingent upon the individual's working for a specified period of time in certain professions.
• D)the loan forgiveness is based on age.

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Definitions:

Glaucoma

A group of eye conditions that damage the optic nerve, often due to abnormally high pressure in the eye, leading to vision loss.

Retinal Detachment

A serious condition where the retina pulls away from its normal position.

Intraocular Pressure

The fluid pressure inside the eye, critical in maintaining eye structure and proper vision.

Glaucoma

a group of eye conditions causing optic nerve damage, often associated with increased intraocular pressure, leading to vision loss.