Sentences with phrase «qualified educational expenses at»

It is important to note all of these plans are for qualifying educational expenses at eligible educational institutions.

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 anExpenses: Tuition and fees required for enrollment or attendance at an eligible postsecondary educational institution, not including personal, living, or family expenses (such as room anexpenses (such as room and board)

Parents must sign an agreement that says they will use at least a portion of the ESA funds to provide an education in, at a minimum, English language arts, mathematics, social studies and science, use the scholarship funds only for qualifying educational expenses, and not use funds to purchase nonallowable computer hardware, other technology or consumable educational supplies or on tuition at a higher education institution or a noneligible nonpublic school.

The IRS also allows qualifying individuals to claim tax credits for educational expenses, but, at the time of publication, no such credit is available in California.

They can help to pay for qualified education expenses such as tuition, fees and books, as well as certain room and board costs at eligible educational institutions.

UESP account funds can be used to pay for tuition, fees, books, supplies, and other qualified educational expenses without tax penalty at many higher education institutions outside the United States.

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.

So as an example, if you attended a qualified educational institution but were not at least half - time it appears an argument could be made to discharge room and board expenses.

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 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 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 --

Qualified expenses include tuition and fees; required books, supplies, and equipment; computers, peripheral equipment, educational software, and internet service; and certain room and board costs at any university, college, or technical school in the United States or abroad that participates in federal student financial aid programs.

At the very least it certainly sounds like you have a real issue surrounding that part of your private student loans that exceeded the limits of a «qualified educational expense» and the amounts above that may not be protected in bankruptcy from discharge.

ESA contributions are not tax - deductible, but they may earn interest tax - deferred until distributed, and the child will not owe tax on any distribution from the account if it is equal to or less than the child's qualified education expenses at an eligible educational institution for the year.

These qualified education expenses are tuition, fees, books, supplies and equipment required for the enrollment to or attendance at an eligible educational institution.

529s allow individuals to prepay or save for qualified education expenses at eligible educational institutions.

Room and board expenses are qualified expenses, as long as they don't exceed the amount determined by the eligible educational institution for a student enrolled at least half time.

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.

The educational expenses must be at an institution that qualifies for federal assistance and take place in the same tax year that the bond is redeemed.

Money from a scholarship or grant is generally not taxable income as long as you are a candidate for a degree at a qualified educational institution AND the amounts you receive are used for tuition, fees, or other qualified educational expenses (books, supplies, equipment, and other required course materials).

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.