Re: Have full ride scholarship and took a distribu...
MaryK1101
Expert Alumni

Retirement tax questions

You cannot use the purchase of the car in any way shape or form as a qualified educational expense unless the terms of the scholarship specifically state that it can be used for transportation expenses- then you would shift the expense from tuition and apply the Coverdell- but if you do not have evidence to support this (because most scholarships do not), you cannot claim it as such. 

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