NFP-Colleges and Universities

This topic has 2 replies, 2 voices, and was last updated 12 years, 1 month ago by Anonymous.

Creator

Topic
December 3, 2013 at 11:22 pm #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….

Viewing 2 replies - 1 through 2 (of 2 total)

Author

Replies
December 4, 2013 at 12:18 am #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

December 4, 2013 at 12:18 am #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
Author

Replies

Viewing 2 replies - 1 through 2 (of 2 total)

The topic ‘NFP-Colleges and Universities’ is closed to new replies.