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  3. in 2018, amy receives $8,000 (of which $3,000 is e

In 2018, Amy receives $8,000 (of which $3,000 is earnings) from a qualified tuition program....

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Accounting

  1. In 2018, Amy receives $8,000 (of which $3,000 is earnings) from a qualified tuition program. She does not use the funds to pay for tuition or other qualified higher edu-cation expenses. What amount is taxable to Amy?
    1. $0
    2. $8,000
    3. $3,000
    4. $11,000

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