Anonymous
Post 08/09/2023 13:41     Subject: Can you use a 529 to pay for on campus parking pass

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?
Anonymous
Post 08/09/2023 10:47     Subject: Can you use a 529 to pay for on campus parking pass

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
Post 08/09/2023 10:36     Subject: Can you use a 529 to pay for on campus parking pass

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


You are renting a dorm room too. It counts.
Anonymous
Post 08/08/2023 21:28     Subject: Can you use a 529 to pay for on campus parking pass

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
Post 08/08/2023 20:45     Subject: Can you use a 529 to pay for on campus parking pass

You are renting a parking spot at the school. Rent is rent.
Anonymous
Post 08/08/2023 20:45     Subject: Re:Can you use a 529 to pay for on campus parking pass

Not an audit but a letter asking for backup receipts!
Anonymous
Post 08/07/2023 12:00     Subject: Can you use a 529 to pay for on campus parking pass

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
Post 08/07/2023 11:57     Subject: Can you use a 529 to pay for on campus parking pass

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
Post 08/07/2023 09:27     Subject: Re:Can you use a 529 to pay for on campus parking pass

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
Post 08/07/2023 02:16     Subject: Can you use a 529 to pay for on campus parking pass

Nope
Anonymous
Post 08/05/2023 15:39     Subject: Can you use a 529 to pay for on campus parking pass

No
Anonymous
Post 08/04/2023 21:56     Subject: Can you use a 529 to pay for on campus parking pass

I think yes, but ask your accountant.
Anonymous
Post 08/04/2023 21:17     Subject: Can you use a 529 to pay for on campus parking pass

Google says no.
Anonymous
Post 08/04/2023 19:33     Subject: Re:Can you use a 529 to pay for on campus parking pass

I wouldn’t risk it. We’ve been asked by the IRS to explain expense from 529 and fortunately kept rent documentation.
Anonymous
Post 08/04/2023 19:22     Subject: Can you use a 529 to pay for on campus parking pass

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?