Comments on: Savings Bonds and Qualified Tuition Plans (QTPs) http://www.savings-bond-advisor.com/savings-bonds-and-qualified-tuition-plans-qtps/ Wed, 20 Aug 2008 11:54:30 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/savings-bonds-and-qualified-tuition-plans-qtps/#comment-20765 Thu, 15 May 2008 12:24:04 +0000 http://www.savings-bond-advisor.com/savings-bonds-and-qualified-tuition-plans-qtps/#comment-20765 James - since the bonds are registered in your daughter's name, she's not eligible for the tax deduction. She should just cash the bonds at a bank and use the money for her expenses. Details <a href="http://www.savings-bond-advisor.com/the-fine-print-of-the-us-savings-bond-college-education-deduction/" rel="nofollow" rel="nofollow">here</a>. Tom Adams James - since the bonds are registered in your daughter's name, she's not eligible for the tax deduction. She should just cash the bonds at a bank and use the money for her expenses. Details here.

Tom Adams

]]> by: James Bowers http://www.savings-bond-advisor.com/savings-bonds-and-qualified-tuition-plans-qtps/#comment-20647 Wed, 14 May 2008 13:10:51 +0000 http://www.savings-bond-advisor.com/savings-bonds-and-qualified-tuition-plans-qtps/#comment-20647 I have a question(s)....My daughter is going into her last year of college and she has some savings bonds issued in her name....she works part-time and made about $5,500.00 last year...but,because we pay for most of her expenses we still use her as a tax deduction. How does she use the bonds in her name to pay for tuition ? Does she cash the bonds at a bank and then pay the school (later filing some form with the IRS...as to how the money from the bond was used ? Is there some way to directly pay the school using the bond itself ? If possible...please send me an email with the answers to my questions..... Thanks, Jim B. I have a question(s)….My daughter is going into her last year of college and she has some savings bonds issued in her name….she works part-time and made about $5,500.00 last year…but,because we pay for most of her expenses we still use her as a tax deduction. How does she use the bonds in her name to pay for tuition ? Does she cash the bonds at a bank and then pay the school (later filing some form with the IRS…as to how the money from the bond was used ? Is there some way to directly pay the school using the bond itself ? If possible…please send me an email with the answers to my questions….. Thanks, Jim B.

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