Skills Warm Up: Qualifying Expenses

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

Education Credits Workout