Which of the following individuals can exclude the entire (100%) amount of their scholarship from...
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Accounting
Which of the following individuals can exclude the entire (100%) amount of their scholarship from gross income? - Darin won a $2,500 scholarship from a local civic organization. The proceeds can only be used to cover tuition and textbooks. - Brandi attends school on an athletic scholarship for softball. The scholarship includes a cost of attendance amount that covers transportation and food. - Troy was selected for a teaching assistantship at his university because of his excellent academic record. The university pays him $500 per month for his services. - Cesar's employer awarded his son a $20,000 scholarship to cover tuition. Only children of the company's partners are eligible for the scholarship. Darin and Troy Darin Everyone can exclude their scholarships from gross income Darin, Joanna, and Cesar
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