February 2003


In “Current Tax Incentives for Higher Education” by Richard Greenfield (Federal Taxation, November 2002), it should be noted that in addition to the qualified educational expenses under the old law, the costs of uniforms, transportation, academic tutoring, special needs services, supplemental items or services (including extended day programs), computer equipment, and qualified computer software now qualify as eligible expenses.

In addition, it should be noted that Education IRAs have been renamed Coverdell Education Savings Accounts.

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