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Post 9/11 GI Bill and 529 Plans
I have a question about Post 9/11GI Bill and QEEs for 529 withdrawals. I have the following QEEs (Total Expenses) along with VA benefits received. Tuition benefits are paid directly to the school. Housing benefits are paid to me via MHA. As you can see, I have a net-profit for the tax year across all four categories of QEEs (tough problem). But I also made a $3000 withdrawal from a 529. My question... Was my $3,000 withdrawal valid? I have out-of-pocket Tuition and Technology expenses to account for it. Or does the excess MHA & Book (that exceeded actual costs) offset the QEEs I can use to justify the 529 withdrawal.
Total Costs | VA Paid | I paid | |
Tuition | $24,452.00 | $22,006.80 | $2,445.20 |
Room & Board | $11,871.30 | $15,020.37 | ($3,149.07) |
Technology | $676.54 | $0.00 | $676.54 |
Books & Suppl | $341.05 | $562.50 | ($221.45) |
All categories | ($248.78) | ||
Tuition & Tech | $3,121.74 |
‎January 10, 2024
10:42 AM