Can you use a 529 to pay for on campus parking pass

[Anonymous]

DD is an RA and taking a car to campus for first time in her college career.

The parking pass is $500 for the year.

Can one use 529 funds to pay for this or is it out of pocket?

[Anonymous]

I wouldn’t risk it. We’ve been asked by the IRS to explain expense from 529 and fortunately kept rent documentation.

[Anonymous]

Google says no.

[Anonymous]

I think yes, but ask your accountant.

[Anonymous]

No

[Anonymous]

Nope

[Anonymous]

Anonymous wrote:I wouldn’t risk it. We’ve been asked by the IRS to explain expense from 529 and fortunately kept rent documentation.

Really? You were audited for 529 expenses? I've used 529 money for 4 kids and haven't heard a peep.

[Anonymous]

https://www.savingforcollege.com/article/what-you-can-pay-for-with-a-529-plan

Ask your college to roll all these ancillary fees into tuition or rent.

[Anonymous]

Anonymous wrote:https://www.savingforcollege.com/article/what-you-can-pay-for-with-a-529-plan

Ask your college to roll all these ancillary fees into tuition or rent.

I'm sure the legislature will get right on that.

[Anonymous]

Not an audit but a letter asking for backup receipts!

[Anonymous]

You are renting a parking spot at the school. Rent is rent.

[Anonymous]

Odds of getting audited over this 1 in what? A million? And if you wrote a check to a college for an education related expense, you really think an IRS agent is going to challenge it?

[Anonymous]

Anonymous wrote:You are renting a parking spot at the school. Rent is rent.

You are renting a dorm room too. It counts.

[Anonymous]

Anonymous wrote:You are renting a parking spot at the school. Rent is rent.

Can you use 529 to rent a fridge for your dorm room?

[Anonymous]

Anonymous wrote:

Anonymous wrote:You are renting a parking spot at the school. Rent is rent.

Can you use 529 to rent a fridge for your dorm room?

Why is this not part of room and board?