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D. It is revoked if the grantee user is deleted.
Answer: A,B

NEW QUESTION: 2
Which payment(s) is(are) included in a recipient's gross income?
I. Payment to a graduate assistant for a part-time teaching assignment at a university. Teaching is not a
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benefit of the university.
A. I only.
B. Neither I nor II.
C. Both I and II.
D. II only.
Answer: C
Explanation:
Explanation
Choice "c" is correct.
I. A payment to a student for a part-time teaching assignment is taxable income just as a payment for any
other campus job would be. This is not a scholarship or fellowship.
II. There is no exclusion in the tax law for amounts paid to a degree candidate for participation in
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