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Education
" I withdrew some funds from 529 to pay for required computer."
That is a lab expense. The "lab fees" category is rather broad. Lab fees can be paid with scholarships/grants, or 529 funds and be exempt from taxation.Basically, any type of equipment listed in the course syllabus for a class, that the student is required to acquire at their own expense, is a lab fee.
That is a lab expense. The "lab fees" category is rather broad. Lab fees can be paid with scholarships/grants, or 529 funds and be exempt from taxation.Basically, any type of equipment listed in the course syllabus for a class, that the student is required to acquire at their own expense, is a lab fee.
‎June 7, 2019
3:03 PM