Now that my student account has been adjusted to reflect spring 2020 COVID credits, are there tax implications if I used a 529 college savings account to pay my spring 2020 bill?

If you used a 529 plan and are receiving a refund, you should contact your 529 plan administrator as there may be penalty and tax implications. Each state manages their respective 529 plans slightly differently. For your information, the IRS provides some guidance.

Updated May 8, 2020