Taxpayers may make penalty-free withdrawals from Coverdell education savings accounts to pay for qualiﬁed higher education expenses of the taxpayer, the taxpayer's spouse, and children and grandchildren of the taxpayer or the taxpayer's spouse.

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Taxpayers can make penalty-free withdrawals from Coverdell education savings accounts to pay for qualified higher education expenses of themselves, their spouse, children, and grandchildren.

Taxpayers May Make Penalty-Free Withdrawals from Coverdell Education Savings Accounts