My son attended an early college STEM high school. For his senior project (for a grade) we took money out of my 401k. The class was not a dual credit class, but was required to graduate. Can I claim the withdrawal as being for higher education?
No. Only IRA's allow an exemption from the early distribution *penalty*, not the tax, for education. 401(k) distributions do not have an educational exemption.
Thanks. I went back to my papers, and i have a simple IRA, not a 401k.
It would not qualify;
Per the IRS in Pub 590B