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In December of This Year,Jake and Stockard,a Married Couple,redeemed Qualified

question 110

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In December of this year,Jake and Stockard,a married couple,redeemed qualified Series EE U.S.Savings Bonds.The proceeds were used to help pay for their daughter's college tuition.Jake and Stockard received proceeds of $8,000 representing principal of $5,000 and interest of $3,000.The qualified higher educational expenses they paid this year totaled $6,000.Their AGI is below the threshold for phase-out of the exclusion.What is the amount of interest income Jake and Stockard can exclude from their income this year?

Recognize and implement the use of form controls and their properties for effective form design in Access.
Knowledge of how to navigate and manipulate records in a form using various form controls.
Comprehend the application and modification of properties specifically related to labels and text boxes to enhance form functionality.
Ability to set and utilize hyperlink properties in form controls for navigation and information access.

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