Jacob,who is single,paid educational expenses of $16,000 in 2016.He redeemed Series EE bonds and received principal of $8,000 and interest of $3,000.Jacob has other adjusted gross income of $81,550.The $3,000 exclusion must be reduced by

Question

Quizplus · Accepted Answer

The Answer of Jacob,who is single,paid educational expenses of $16,000 in 2016.He redeemed Series EE bonds and received principal of $8,000 and interest of $3,000.Jacob has other adjusted gross income of $81,550.The $3,000 exclusion must be reduced by

Jacob,who Is Single,paid Educational Expenses of $16,000 in 2016