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529 Withdrawal with Tuition Remission
Hi,
I am a new graduate student. My university covers my tuition via tuition remission, and it does not show up on my 1098-T. Am I allowed to still withdraw 529 funds without the 10% penalty (but is reported as taxable income) against the remitted tuition? As an undergraduate with a full scholarship (which was reported on the 1098-T), I could do this; but I am not clear if it is possible to due with tuition remission. Thanks.
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March 24, 2024
8:31 PM