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Education
Are you referring to a withdrawal from a tax deferred retirement account, such as a 401k or IRA?
Room and board are not deductible education expenses.
A withdrawal from a tax deferred retirement account is a taxable event and is reported on your federal tax return as ordinary income, taxed at your current tax rate.
Room and board are not deductible education expenses.
A withdrawal from a tax deferred retirement account is a taxable event and is reported on your federal tax return as ordinary income, taxed at your current tax rate.
‎June 4, 2019
6:57 PM