529 guidelines for room & board withdrawals?

swimcatsmom
Wed, 25 May 2011 16:15:03 +0000

whereas Pub 970 places these costs in the non-QHEE category.

You need to read IRS 970 more thoroughly. There are several education tax benefits and the Qualified Education Expenses for each of them vary. Room and Board expenses are not qualified expenses for many of the benefits (for instance tax free scholarships/grants and tax credits). But they are qualified education expenses for 529 account withdrawals.