My daughter goes to an international elementary school in Hong Kong. Would we be able to withdraw up to $10,000 per year to pay for her school tuition? I see on page 51 of Publication 970 (https://www.irs.gov/pub/irs-pdf/p970.pdf
Eligible elementary or secondary school. An eligible
elementary or secondary school is any public, private, or
religious school that provides elementary or secondary
education (kindergarten through grade 12), as determined
under state law.
So does this mean the elementary school needs to be in a US state? I tried calling the IRS helpline but they did not give me an answer and suggested I ask an accountant.
No, they are not, unfortunately. As IRS allows some international colleges or universities for the education benefits, they don't consider education expenses paid for international elementary and secondary schools as eligible for 529 plan withdrawals.