B
Bewildered
My 19 year old son is a freshman. I got a 1098-T for his
tuition.
His tuition is being paid out of a 529 in his name. (yeah,
that is a crappy way to do it, but there were good reasons
for it at the time.) He will not have significant income in
2006, though he will in 2007. I will have good income in
both years.
Can he take advantage of any deductions for his payments?
Can I? (I did not pay for anything except incidentals like
books.)
tuition.
His tuition is being paid out of a 529 in his name. (yeah,
that is a crappy way to do it, but there were good reasons
for it at the time.) He will not have significant income in
2006, though he will in 2007. I will have good income in
both years.
Can he take advantage of any deductions for his payments?
Can I? (I did not pay for anything except incidentals like
books.)
Last edited by a moderator: