turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

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?

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

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies