Which of the Following Statements About Tax Subsidies for Higher

question 60

Multiple Choice

Which of the following statements about tax subsidies for higher education is false?

• A)Individuals may be allowed to exclude interest earned on the redemption of education savings bonds from gross income.
• B)Individuals can deduct a limited amount of interest paid on qualified education loans as an above-the-line deduction.
• C)Individuals can claim an American Opportunity Credit for a limited amount of college tuition,fees,and course materials.
• D)None of the above is false.

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