If you’ve used personal funds for items eligible under your 529 plan, there’s good news: Backpack makes it easy to get reimbursed for these expenses. Just email your receipts to receipts@backpack529.com, and we’ll handle the rest.
To help you make the most of your 529 funds, here’s a quick list of lesser-known but eligible purchases:
1. Education-Related Supplies and Services
Textbooks and Course Materials: Eligible expenses can include textbooks, required workbooks, and reading materials.
Computers and Accessories: If you’re a student, you can use 529 funds to cover a laptop, software for assignments, internet service, and even accessories like a printer or headphones (if they’re primarily for educational use).
Software Subscriptions: Many courses require specific software or apps, such as Adobe Creative Cloud, Microsoft Office, or specialized academic tools like MATLAB.
2. Online Courses and Trainings
Platforms: Accredited online courses from universities or accredited education providers may be eligible. Examples include:
Coursera, edX, and LinkedIn Learning (only if affiliated with an eligible institution).
Many universities now offer credit-bearing online courses—check the accreditation before enrolling.
3. K-12 Education Expenses
Private School Tuition: Many parents use 529 funds to cover private school fees or tuition.
Specialized Educational Materials: Some private schools require particular materials or tools (e.g., specific tablets or tech devices for learning).
4. Apprenticeship Programs
Registration Fees and Tools: Many apprenticeships require specialized tools or safety gear.
Books and Coursework: Some apprenticeships require manuals, textbooks, or online modules.
Where to buy: Check out Backpack’s 529 store to shop these items.
Ensure Eligibility with 529 Purchase Protection
Still uncertain if an item qualifies? With 529 Purchase Protection, simply submit your receipts, and we’ll certify eligible expenses, providing documentation and audit support. If the IRS disputes a certified expense, we’ll cover any taxes and penalties. Start putting those 529 dollars to full use by sending your receipts to receipts@backpack529.com by December 31.
Disclaimer: This article is for informational purposes and not financial or legal advice. Please consult a financial advisor for personalized guidance.