Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

posted

Connect with an expert

2 Replies

Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

Sorry, no.

The 10% early distribution exemption from an IRA is only for qualified higher education expenses at an eligible educational institution.

An eligible educational institution is a school offering higher education beyond high school. It is any college, university, trade school, or other post secondary educational institution eligible to participate in a student aid program run by the U.S. Department of Education.

Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

Got it, thanks!

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

Do you have an Intuit account?

Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

Does private high school count as a deductible expense against 10% early withdrawal from IRA, or does it have to be college or university? What is the exact requirement

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert