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Yes, if the funds were no longer under your control, you can deduct qualifying expenses paid in the tax year for:
However, if you had control over the funds (the account was like another bank account), then you cannot deduct those expenses until next year.
If you report the expenses this year, remember that you won't be able to report them again next year, even if your 2017 Form 1098-T shows that you paid this amount.
This link will give you a great overview of education deductions: TurboTax Tax Tips: Deduction for Higher Education
Yes, if the funds were no longer under your control, you can deduct qualifying expenses paid in the tax year for:
However, if you had control over the funds (the account was like another bank account), then you cannot deduct those expenses until next year.
If you report the expenses this year, remember that you won't be able to report them again next year, even if your 2017 Form 1098-T shows that you paid this amount.
This link will give you a great overview of education deductions: TurboTax Tax Tips: Deduction for Higher Education
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