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How are 529 College Savings Withdrawals Taxed

The big advantage of 529 plans is that qualified withdrawals are always federal-income-tax-freeu2014and usually state-income-tax-free too.<br><br>What you may not know is that not all 529 withdrawals are tax-free qualified withdrawals, even in years when you have heavy college costs.<br><br>Here are six important points to know about 529 withdrawals.

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How are 529 College Savings Withdrawals Taxed

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  1. Award-winning CPA firm in Montclair, NJ  October 12, 2021 Taxes How are 529 College Savings Withdrawals Taxed?

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