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Get your taxes done using TurboTax
Q. Let's say the loan was for $20,000, but I only pay off $5k using 529 money. As far as double-dipping is concerned, do I only need to show that $5k of the loan money was used for qualified higher education expenses that were NOT also claimed as expenses for 529 purposes?
A. Yes.
‎December 18, 2023
12:45 PM