RE: South Carolina Future Scholar 529
Deposits made to this account can be deducted from your SC taxable income. I was informed that it was acceptable to withdraw funds for qualified education expenses and then redeposit the next day (and get the tax benefit). However, today in a seminar I was told that this was not true. Anyone know the correct answer?
Deposits made to this account can be deducted from your SC taxable income. I was informed that it was acceptable to withdraw funds for qualified education expenses and then redeposit the next day (and get the tax benefit). However, today in a seminar I was told that this was not true. Anyone know the correct answer?