I am not claiming any of my son's higher education expenses for education deductions, however I would like to use them to offset the additional taxes from an early IRA withdrawal, used to pay the expenses. I have receipts for all expenses. Do I need to provide these receipts when filing? I read in Publication 970 that I could count customary cost of room and board, but can I count housing costs for living off campus?
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You do not need to provide proof at filing to take the exemption.
Please see below for what is allowed as an education expense.
You do not need to provide proof at filing to take the exemption.
Please see below for what is allowed as an education expense.
Can anyone point to anything other than the actual language in Pub. 970 (which I do not believe is even close to being definitive on the question asked in this thread) where it is ok to include the actual cost of dormitory living as a qualified educational expense where the student is living in private off campus housing, for purposes of the 10% early withdrawal additional tax?
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