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Qualified Higher Education Expense
What does it mean?
Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay to an eligible post-secondary institution.
In Other Words...
These expenses are important because they can determine whether or not you can exclude the interest off of a qualified savings bond from your taxable income.
Related Links
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Related Terms
Education IRA | Exempt Income | Exemption | Expense | Full-Time Student | Lifetime Learning Credit | Qualified Savings Bond
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