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Education

Hi  - I have been trying to find guidance on taking a 529 withdrawal for scholarships paid out in prior years.  Would the rule regarding qualified expenses needing to be paid in the year of the 529 withdrawal also apply to withdrawals for scholarships?  I found a Forbes article with an example of someone attributing a non-qualified withdrawal to scholarship monies received in prior years when closing out their 529 plan, but I can't find any official guidance on this.  

 

Thanks