Question: Hank established a Section 5 2 9 Savings Plan for his son, Saul, several years ago. It is now time to pay Saul ' s

Hank established a Section 529 Savings Plan for his son, Saul, several years ago. It is now time to paySaul's first-year college costs. The currentvalue of the fund is $80,000. IfHankwithdraws $20,000 to pay qualified tuition expenses, how will the distribution be taxed?

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