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Coverdell ESA - Grad Student
My daughter is attending grad school. She is provided a full scholarship and also receives funds for living expenses (she works in a lab) which she reports as income.
I have some funds left over from a Coverdell ESA. Can we use that for "room and board" while she is in grad school and have it be a qualified expense (non-taxable)? It seems that the definition of qualified education expenses are different for grad students than for undergrad but I may be confused.
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March 5, 2021
12:00 PM