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Author: ushats Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121103  
Subject: 529 withdrawal for rent, books Date: 1/5/2014 2:52 PM
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I searched the boards to see if this has been discussed before and did not turn up anything.Please direct me if it has been

I have a son in college and have some money in 529 and some in coverdale IRA
the 1 st year he stayed in the dorm and i got 1 bill from the university that included tuition, fees, room, board and i paid it directly from 529 account.

In the 2nd year he will stay in an apt. How do i keep paper trail of withdrawals . I know the amount of rent i can pay from 529 should be similar what the college dorm room costs.

Do i pay be credit card or from checking account and withdraw from 529/coverdale and pay to myself?

Similarly how do I keep paper trail for paying for books? pay be credit card and keep the receipt and withdraw from 529 and pay myself?

Sorry if i sound confused but i am
Thanks
usha
PS does not qualify for any grants, scholarships. i am doing FAFSA but have no hope
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