SusanY1
Expert Alumni

Deductions & credits

While Coverdell accounts can be used for eligible expenses for K-12 education (up to $10,000 per student), the school trip won't qualify as an eligible expense.  It also won't qualify as an eligible expense for the 529 account either. 

It does sound like an amazing opportunity; it's just not one that comes with any tax benefits.  

 

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