Which of the following is true for post secondary students?
A) Income from the RESP their parents set up for them is tax free if used for education
B) Scholarship income awarded to a student and used for their education is tax free
C) Bursary income is tax free if the education amount is applied for
D) All these income sources are tax free to students
Correct Answer:
Verified
Q80: Which of the following is not an
Q116: Sally's adjusted gross income is $38 000
Q118: An acceptable method of reducing your taxable
Q119: If you are a Certified Financial Planner
Q120: Your earnings for the year are $42
Q122: You are being paid on a base
Q123: Fillipe is in the forty percent marginal
Q124: If you cannot apply all of your
Q125: Comment on your level of knowledge to
Q126: Describe and compare tax planning and tax
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents