Register
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
227k views
4 votes
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

User Ilie Pandia
by
7.8k points

1 Answer

3 votes

Answer:

Bob Johnson, you know, I had a friend named Bob. Those were the days.

Step-by-step explanation:

User Dutzu
by
7.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!