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Which statement about the distributions and contributions to section 529 plans is true the beneficiary...

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Accounting

Which statement about the distributions and contributions to section 529 plans is true the beneficiary generally does not have to include the earnings from the plan in their income deduction of up to $10,000 per tax payer 20,000 married filing joint is available on the federal income tax return for contributions distributions can be used to pay up to $10,000 in tuition and fees at a qualifying preschool or distributions may be used to pay up to $15,000 per year to qualify student loans

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