NFP-Colleges and Universities

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  • #182200
    Anonymous
    Inactive

    I am taking FAR tomorrow early morning.

    Just ran into a question regarding college tuition recognition for NFP.

    Becker F9-68 states it should be recored at gross amount, but Wiley says it should report the net amount on P884. Which one is right? Hope I don’t get this question tomorrow….

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  • #482549
    Anonymous
    Inactive

    NFP are highly tested, so the chance of you getting this is significant.

    It is reported Net of 1) scholarships and 2) class cancellations

    #482552
    Anonymous
    Inactive

    NFP are highly tested, so the chance of you getting this is significant.

    It is reported Net of 1) scholarships and 2) class cancellations

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