Ellen is attending college less than half-time. In the current year, she had education-related expenses of...
Ellen is attending college less than half-time. In the current year, she had education-related expenses of $8,000 for tuition and fees, $4,000 for room and board, $500 in transportation to and from her parent’s house, and $1,000 for required books. What is the amount of her qualified expenses for purposes of a Qualified Tuition Plan?
a. $9,000.
b. $13,000.
c. $0.
d. $13,500.
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