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Shaun Is a Student Who Has Received an Academic Scholarship

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Shaun is a student who has received an academic scholarship to State University. The scholarship paid $14,000 for tuition, $2,500 for fees, and $1,000 for books. In addition, Shaun's dormitory fees of $8,500 were paid by the University when he agreed as a condition of receiving the dormitory fees to counsel freshman on campus living. What amount must Shaun include in his gross income?


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Liability

An individual's or entity's legal responsibility or obligation arising from past transactions, acts, or omissions.

Family And Medical Leave Act

A U.S. labor law that provides employees with unpaid, job-protected leave for certain family and medical reasons.

Essential Functions

Fundamental job duties of a position that must be performed with or without reasonable accommodation.

Serious Health Condition

A medical condition that requires inpatient care or continuing treatment by a healthcare provider, often relevant to employment laws and health insurance.

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