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I wanted to get thoughts on a coverdell for K-12 tuition at a private school. Can I deposit the $2,000 maximum for my child on September 1st, then use that on September 5th to pay off the tuition bill?

I can prove it would be a qualified expense so I should be okay there...I was more wondering if the turnaround time was ok, or if it has to be in the account for x months.

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