Mia Participated in a Qualified State Tuition Program for the Benefit

question 95

True/False

Mia participated in a qualified state tuition program for the benefit of her son Michael.She contributed $15,000.
When Michael entered college, the balance in the fund satisfied the tuition charge of $20,000.When the funds were withdrawn to pay the college tuition for Michael, neither Mia nor Michael must include $5,000 ($20,000 - $15,000) in gross income.

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Definitions:

Pluralism

Is the retention of racial and ethnic culture combined with equal access to basic social resources.

Critics

Individuals or groups who express judgments or evaluations, especially negative or analytical ones, about creative works, products, actions, or policies.

Pluralist Theory

A theory in political science and sociology that argues power is distributed among many groups in society, preventing any one group from gaining dominance.

Democratic Process

The methods and procedures used in a democracy to ensure that citizens have the opportunity to participate in decision-making, typically through voting and public discourse.