A taxpayer is Single, 56 years old, and has recently begun taking distributions from their IRA....

  

  

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A taxpayer is Single, 56 years old, and has recently begun taking distributions from their IRA. Is the following statement correct about this scenario? 4 The taxpayer is exempt from the early withdrawal penalty since they used the entire distribution for qualified educational expenses. A taxpayer is Single, 56 years old, and has recently begun taking distributions from their IRA. Is the following statement correct about this scenario? 4 The taxpayer is exempt from the early withdrawal penalty since they used the entire distribution for qualified educational expenses.

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