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  • Virginia 529 Student Verification Form

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InVEST STUDENT VERIFICATION FORM INSTRUCTIONS Use this form to verify Beneficiary student information and intentions on school choice. Please see the inVEST Distribution Guide for more information. Account information and forms may be viewed at Virginia529.

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Withdrawals from a 529 account that are used for non-qualified education expenses are taxable as ordinary income and, unless an exception applies, are subject to a federal penalty of 10 percent.

Savings for More than Tuition Invest529 can be used to pay for qualified education expenses beyond tuition, including certain room and board costs, computers and related technology expenses as well as fees, books, supplies, and other equipment.

Reporting Contributions on Your Tax Return Contributions to a 529 plan are not deductible and therefore do not have to be reported on federal income tax returns. What's more, the investment earnings in your account are not reportable until the year they are withdrawn.

You can use a 529 plan from any state to pay for an eligible college in any state. For example, you can use a 529 plan from Ohio to pay for college in Illinois.

You can use 529 plan funds to pay for study abroad expenses if the study program at the foreign institution is eligible for credit at the student's US home institution, and if the foreign institution is eligible for Title IV federal student aid, which can be determined by looking for the federal school code.

Qualified education expenses include tuition, fees, books, computers and related technology, and some room and board costs for students attending an eligible college or university. Families can also take a tax-free withdrawal to pay for tuition expenses at private, public and religious elementary and high schools.

There are a number of authentication apps that customers can choose from, including Auth0, Google Authenticator, Duo, Authy, Akamai and RapidIdentity.

Study abroad expenses such as tuition and fees, program fees, room and board, and required textbooks are eligible to be funded with a 529 plan, just like they are in the United States.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232