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Everyone knows tuition is insanely expensive these days. The catch though; it doesn’t end there. Expenses for everyday student living can rack up quicker than you think, whether it be the cost of food and groceries, course required equipment or just the basics.If you find yourself buying “back to school” equipment every semester, you may be giving up on hundreds or even thousands in savings if you aren’t using your 529 to pay for them. Lets say you’re spending $1,000 every semester on books, supplies, technology and other non-tuition items. That’s $200-$400 in tax benefit dollars you are giving up (per semester!).The good news is, with careful selection, items from Amazon Basics can be both a practical and budget-friendly choice for students. In this article, we explore essential Amazon Basics items that can enhance the educational experience without straining your budget.
Firstly, why are Amazon Basics 529 Eligible?The IRS publishes its guidance on what is a Qualified Higher Education Expense annually in its IRS Publication 970. The unfortunate part is the guidance is fairly vague, which is why we are here to help you figure out what it means!The IRS stipulates that 529 funds can be used for:
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Upgrade your study setup with the Amazon Basics 24" IPS Monitor, a game-changer for students who need a reliable screen for research, writing, and relaxation. Its full HD resolution and eye-friendly IPS panel make it an ideal choice for both coursework and entertainment.
Why it's a smart 529 purchase:
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The Amazon Basics Bluetooth Headphones are your study buddy, helping you focus in noisy environments or relax with your favorite tunes. With long battery life and comfortable design, they're ideal for both online classes and leisure listening.
Top reasons to include in your 529 plan:
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Every student needs a reliable notebook for lectures, and the Amazon Basics Classic Notebook is a perfect companion. With ruled pages for neat notes and a durable cover, it’s designed to keep your thoughts organized throughout the academic year.
Why this notebook stands out:
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The Amazon Basics 3-Ring Binder (4-Pack) is essential for keeping your coursework organized. Available in multiple colors for easy subject identification, these durable binders are a must-have for any student aiming for efficiency and order.
Advantages for students:
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Add a splash of color to your notes with the Amazon Basics Felt Tip Marker Pens. Ideal for highlighting key points or adding a creative touch to your study materials, these pens are a colorful and functional addition to your academic toolkit.
Why they're a great choice:
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Investing in these Amazon Basics products not only enhances your study experience but also ensures you’re making the most of your 529 plan funds. By choosing quality, affordable items that support your education, you’re set for success without unnecessary spending. Remember, while making these smart purchases, always keep receipts and ensure the primary use is educational, aligning with 529 plan requirements. Here’s to a productive, organized, and efficient academic year with Amazon Basics at your side!
Shop now and prepare for the semester ahead with confidence and savings.
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