Kevin Is a Candidate for an Undergraduate Degree at a Local

question 56

Multiple Choice

Kevin is a candidate for an undergraduate degree at a local university. During 2012, he was granted a fellowship that provided the following: What amount can Kevin exclude from gross income in 2012?

• A) $18,000
• B) $20,000
• C) $25,000
• D) $32,800
• E) $34,800