529 Program Withdrawals for Dual Enrollment

[ChiliCheeseDog]

<p>My son will be starting his Junior Year of High School and his Freshman yr of college under dual enrollment. Does anyone know the rules as to whether or not we can make a withdrawal from our 529 plan this year? I assume we can since he is actually attending college but want to be sure. Thanks</p>

[sybbie719]

<p>I would think that you would not be able to withdraw funds because as a dual enrollment student, your son would not be a degree seeking student</p>

[4kidsdad]

<p>

be a degree seeking student

Not a requirement for 529.
See [Publication</a> 970 (2012), Tax Benefits for Education](<a href=“http://www.irs.gov/publications/p970/ch08.html]Publication”>http://www.irs.gov/publications/p970/ch08.html)

Qualified education expenses. These are expenses related to enrollment or attendance at an Eligible educational institution (defined later). As shown in the following list, to be qualified, some of the expenses must be required by the institution and some must be incurred by students who are enrolled at least half-time.

</p>

[rmldad]

<p>I don’t know if this applies to your situation, but Coverdell ESA funds can be used for private high school tuition. The ESA is different from 529, which does not allow withdrawals for secondary education.</p>