- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Thanks. I appreciate the answer. In your example, if the 10k 529 withdrawal was 6k principal and 4k earnings, could I not cover the 18k expenses as: 10k ira withdrawal, 4k 529 earnings, and finally 4k of the 6k in principal? In this way, i would owe no taxes. Reminder - the 529 withdrawal was paid directly to the school. Also - our income is too high to qualify for the education credits although we have filed for them in past years.
May 31, 2019
5:58 PM