Which of the Following Is Correct for Qualified Tuition Programs

question 120

Multiple Choice

Which of the following is correct for Qualified Tuition Programs for 2014?

• A)Contributions are deductible and qualified educational expense distributions are tax-free.
• B)Contributions are not deductible and qualified educational expense distributions are tax-free.
• C)Contributions are deductible and qualified educational expense distributions are taxable.
• D)Contributions are not deductible and qualified educational expense distributions are taxable.

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Definitions:

Obscene Phone Calls

Unsolicited and unwanted phone calls involving sexually explicit or offensive language.

Sexual Behaviors

Acts or practices related to the expression of sexuality, including a wide range of activities from intimate touching to sexual intercourse.

Socially Acceptable

Pertains to behaviors or norms that are considered acceptable or appropriate within a society or social group.

Culturally Normal

Behaviors, practices, or norms that are widely accepted and considered typical within a particular society or culture.