The Taxpayer Is a Ph

The taxpayer is a Ph.D.student in accounting at City University.The student is paid $1,500 per month for teaching two classes.The total amount received for the year is $13,500.

A) The $13,500 is excludible if the money is used to pay for tuition and books.
B) The $13,500 is taxable compensation.
C) The $13,500 is considered a scholarship and, therefore, is excluded.
D) The $13,500 is excluded because the total amount received for the year is less than her standard deduction and personal exemption.
E) None of the above.