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Old 11-24-2015, 01:13 PM
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Traditional IRA penalty for College Rent?

My child a full time college student is moving from the dorms into an apartment. We've been using a traditional IRA to pay for tuition and room & board. Can I continue to use the IRA money pay pay for housing now that it's non campus housing without incurring the extra 10% penalty on top of taxes? If so what will I need for tax purposes at year end?



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