Cost of Education

G

goldenlion

5-Year Member
Joined
May 10, 2011
Messages
132
Does anyone happen to know what the Cost of Education is for USCGA? I would like to take the money out of my daughter's 529 plan and not have to pay the 10% tax on the distribution.

I found a similar thread that has the expenses for USAFA: http://www.serviceacademyforums.com/showthread.php?t=23964

Thanks in advance for your help! I should note that my daughter has already finished her 4/c year.
 
goldenlion said:
Does anyone happen to know what the Cost of Education is for USCGA? I would like to take the money out of my daughter's 529 plan and not have to pay the 10% tax on the distribution.

I found a similar thread that has the expenses for USAFA: http://www.serviceacademyforums.com/showthread.php?t=23964

Thanks in advance for your help! I should note that my daughter has already finished her 4/c year.
Click to expand...

The 10% additional tax penalty does not apply to distributions made on account of the attendance of the designated beneficiary at a U.S. military academy.

http://www.irs.gov/publications/p970/ch08.html
 
You must log in or register to reply here.
Back
Top