Ask Question
24 November, 10:31

11. Bob Johnson established a Section 529 Savings Plan for his son Robert several years ago. It is now time to pay Robert's first-year college costs. The current value of the fund is $80,000. If Bob withdraws $20,000 to pay qualified tuition expenses, how will the distribution be taxed

+5
Answers (1)
  1. 24 November, 10:49
    0
    Bob Johnson, you know, I had a friend named Bob. Those were the days.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “11. Bob Johnson established a Section 529 Savings Plan for his son Robert several years ago. It is now time to pay Robert's first-year ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers