Any distribution from a qualified tuition plan not used for qualified higher education expenses is both included in income and subject to a 10% penalty.

Name: Any distribution from a qualified tuition plan not used for qualified higher education expenses is both included in income and subject to a 10% penalty.
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The Answer of Any distribution from a qualified tuition plan not used for qualified higher education expenses is both included in income and subject to a 10% penalty.

Any Distribution from a Qualified Tuition Plan Not Used for Qualified