Is there a limit on penalty off set for IRA distributions when tuition is paid with those distributions? T/P is under 59 1/2.
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Pub 970- p. 58. The limit penalty free is the amount equal to what is termed AQEE- Adjusted Qualified Educ Exp- that is, the amount of educ expenses reduced by grant/scholarship and then reduced by other educ benefits as described on that page.Originally posted by BOB W View PostLast edited by BP.; 02-21-2011, 09:38 AM. -
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