In2017, HankHank and MarthaMartha purchased Series EE bonds, and...
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In HankHank and MarthaMartha purchased Series EE bonds, and in redeemed the bonds, receiving $ $ of interest and $ comma $ of principal. Their income from other sources totaled $ comma $ They paid $ comma $ in tuition and fees for their dependent daughter. Their daughter is a qualified student at State University. The proceeds from the Series EE bonds were used to pay the tuition and fees. View the exclusion phaseout information. LOADING... Read the requirements. LOADING... Question content area bottom Part Requirement a How much of the Series EE bond interest is excludable? Series EE bond interest excludable $ Part Requirement b Assuming that the daughter received a $ comma $ scholarship how much of the interest is excludable? Ignore any tax credits that might be available. Under this scenario, the amount of interest excludable $ Part Requirement c Assuming the daughter received the $ comma $ scholarship and that the parents' income from other sources is $ comma $ how much of the interest is excludable?
In
HankHank
and
MarthaMartha
purchased Series EE bonds, and in
redeemed the bonds, receiving
$ $
of interest and
$ comma $
of principal. Their income from other sources totaled
$ comma $
They paid
$ comma $
in tuition and fees for their dependent daughter. Their daughter is a qualified student at State University. The proceeds from the Series EE bonds were used to pay the tuition and fees.
View the exclusion phaseout information.
LOADING...
Read the requirements.
LOADING...
Question content area bottom
Part
Requirement a How much of the Series EE bond interest is excludable?
Series EE bond interest excludable
$
Part
Requirement b Assuming that the daughter received a
$ comma $
scholarship how much of the interest is excludable? Ignore any tax credits that might be available.
Under this scenario, the amount of interest excludable
$
Part
Requirement c Assuming the daughter received the
$ comma $
scholarship and that the parents' income from other sources is
$ comma $
how much of the interest is excludable?
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