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Education Fund Taxation

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J

Jesca3001

Junior Member
What is the name of your state? Mississippi

Does anyone know if mutual funds are taxable if they are in an educational trust? and if so, at what percentage are they taxed?
 


A

abezon

Senior Member
What educational trust? A Coverdell education saving accout? A 529/QTIP plan? A specific college's prepaid tuition program? A private trust set up to pay for educational expenses?

1, 2, & 3 are not taxable. 4 is.
 
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