There is no tax on distributions if they are for enrollment or
attendance at an eligible educational institution.
Contributions to a Coverdell Account are not deductible, but amounts deposited in the account grow tax - free until distributed, and there is no tax on distributions if they are for enrollment or
attendance at an eligible educational institution or qualified education expenses, such as tuition and fees, required books, supplies and equipment and qualified expenses for room and board.
These qualified education expenses are tuition, fees, books, supplies and equipment required for the enrollment to or
attendance at an eligible educational institution.
But the publication does cite «expenses related to enrollment or
attendance at an eligible educational institution.»
Not exact matches
Qualified Expenses: Tuition and fees required for enrollment or
attendance at an
eligible postsecondary
educational institution, not including personal, living, or family expenses (such as room and board)
2) Qualified higher education expenses The term «qualified higher education expenses» means the cost of
attendance (as defined in section 472 of the Higher Education Act of 1965, 20 U.S.C. 1087ll, as in effect on the day before the date of the enactment of the Taxpayer Relief Act of 1997)
at an
eligible educational institution, reduced by the sum of --
The Student Loan Marketing Association (and, if the Association is privatized under section 440, any successor entity functioning as a secondary market for loans under this part, including the Holding Company described in such section) shall not engage directly or indirectly in any pattern or practice that results in a denial of a borrower's access to loans under this part because of the borrower's race, sex, color, religion, national origin, age, disability status, income,
attendance at a particular
eligible institution, length of the borrower's
educational program, or the borrower's academic year
at an
eligible institution.
Qualified education expenses include tuition and fees required for enrollment or
attendance at an
eligible postsecondary
educational institution, but not including personal, living, or family expenses, such as room and board.
Qualified higher education expenses include tuition, fees, and the cost of books, supplies, and equipment required for the enrollment and
attendance of the beneficiary
at an
eligible educational institution, and certain room and board expenses.
A qualified education expense is one that is required for the enrollment or
attendance by your child
at an
eligible educational institution, including elementary, secondary or post-secondary
institutions.
These qualified education expenses are tuition, fees, books, supplies and equipment required for the enrollment or
attendance of a student
at an
eligible educational institution, and must be used in the year of the withdrawal.