Topic Activity

Tax Your Memory

Match each term with the most appropriate example of the term. Type the number of the term in the blank next to the corresponding example.

Terms:

Descriptions:

1. Qualified expense

Stained glass class at a local glass store

2. Nonqualified expense

Tuition paid in December for a class beginning in February of the following year

3. Prepaid expense

Ceramics class book purchased at a book store

4. Non-eligible educational institution

Course enrollment fees