Web Application Chapter 12 page 497

April 15th, MIDNIGHT. For any individual required to file a personal income tax return, the significance of April 15th is very clear. Tax returns are required to be filed on the correct form on or before that date. Tax rules and forms change almost every year. So, how do taxpayers handle filing tax returns? Information to help taxpayers is readily available on the Internet. Help on all sorts of tax-related questions is only a click away.

Begin at the Internal Revenue Service Web site at www.irs.gov. Select Forms and Publication, then select Publications Online or type in www.irs.gov/forms_pubs/index.html.

Use the information you find on this site to answer the following questions.

1. According to Publication 520 located at www.irs.gov/forms_pubs/pubs/p404.htm, a qualified tuition reduction is tax-free.

1. Explain the rules that apply to tuition reduction below the graduate level.
2. Explain when tuition reduction is provided for graduate education.

1. Whether a student files a tax return depends on what?
2. Explain what "support" means according to the article.

Include the date of the information in your answers.

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