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Deducting college expenses now or later - 529 plan
My son is in health related graduate program (pharmacy). According to his 1098-T for 2020, his tuition was $23k last year and he had $9.8k in scholarships. We did not pull funds from his 529 plan to pay this last year because there wasn't enough left to cover the entire years cost. We plan to use the balance of his 529 plan to cover student cost once he graduates. Will we be still be able to use the balance of the 529 funds to cover his student loans once he finishes?
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March 16, 2021
3:10 PM