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Which of the following is true with respect to an education incentive? a. Contributions to Qualified Tuition Programs (Section 529 plans) are deductible. b. Married taxpayers at any income level may contribute to a Qualified Tuition Program (Section 529 plan). c. Tuition paid by a taxpayer earning $300,000 of income is deductible. d. Contributions to education savings accounts (Coverdell ESAs) are deductible.

Respuesta :

aaregbe

Answer:

b. Married taxpayers at any income level may contribute to a Qualified Tuition Program (Section 529 plan).

Explanation:

In the education incentive, there are different conditions, requirements, and criteria. The education incentive was developed to assist and provide financial supports. In the incentive, it is not true that taxpayers that are married who receive a certain amount of income should contribute to a Qualified Tuition Program.

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