- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Roth IRA cashed out to pay off daughter's Parent-Student school loan.
In 2024, I cashed out my ROTH IRA to pay off a Parent-Student school loan for 20K. The loan was in my name, but my daughter is the one who got the education. Turbo Tax is asking what I did what the money. Can I claim the deduction for the education expenses? My daughter is 38 years old now and files her own taxes.
Topics:
March 26, 2025
10:37 PM