Subject: Re: 2025 and 2000-2025
Let's say you are managing your annual income each year perfectly well. Staying below the ~$150k cutoff, maybe even comfortably below it. BUT now look at those I-bonds more closely. They ALL are maturing in 2031, all $20,000 of them. Now, today, $20,000 of 2001 I-bonds are worth $76,000. In 2031, they will be worth more than that. Maybe $100k or close to it. So, when they mature that year, you will have an additional amount of interest of $100k - $20k, or $80k. Add this $80k to your usual 2031 income, and BOOM, suddenly you don't qualify for the "educational use" exclusion.

Sure, it'll be a juggling act. We will cash some in early - even med school isn't costing $100k/year (about $60k).