@Hal_Al wrote:
@Opus 17 said "If you use the interest to pay for qualified higher education costs for yourself, your spouse or your dependents, that interest is tax-free"
No, it doesn't work that way. You must spend the principal as well as the interest portion of the bond on education.
Well, that's unfortunate, and a bit bizarre, since you already have basis in the principal. Blame Congress I guess.
