Withdrawing from a 529 account

[desilu]

<p>I am trying to determine if travel expenses can be considered qualified educational expenses. I know tution, room and board, equipment and supplies are OK. I was having a hard time locating any information on the treas.gov site.</p>

[swimcatsmom]

<p>I don’t think so.</p>

<p>The rules are in publication IRS 970. </p>

<p><a href=“http://www.irs.gov/pub/irs-pdf/p970.pdf[/url]”>http://www.irs.gov/pub/irs-pdf/p970.pdf&lt;/a&gt;&lt;/p&gt;

<p>page 54</p>

<p>

Qualified education expenses. These expenses are the amounts paid for tuition, fees, books, supplies, and equipment required for enrollment or attendance at an eligible educational institution (defined below). They also include the reasonable costs of room and board for a designated beneficiary who is at least a
half-time student. The cost of room and board qualifies only to the extent that it is not more than the greater of the following two amounts.

</p>

<p>No mention of travel expenses.</p>

[desilu]

<p>Thank you. This even explains how to deduct the loss on the 1040.</p>