Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 10:33:35 PM

Took an early withdraw from my IRA account to pay student loan debt. Will this qualify as higher education expense exempting me from early withdraw tax and penalties?

0 1 244
1 Replies
Level 15
Jun 4, 2019 10:33:36 PM

Sorry, but the exception for higher learning applies only the costs of attending the school and taking classes and not to the student loans.