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Robbie receives a scholarship of $20,000 to an elite private

Question : Robbie receives a scholarship of $20,000 to an elite private : 4770

Robbie receives a scholarship of $20,000 to an elite private college. $12,000 of the scholarship is earmarked for tuition, and $8,000 covers his room and board. How much of the scholarship, if any, is taxable to Robbie?

 

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Finance 10 Months Ago 100 Views
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