Shirley79
Level 5
03-06-2023
02:02 PM
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I'm entering the 1099Q on the student's return. The earnings from the 529 plan are causing $174 tax where she would have no tax without it. I read places that say not to even file the 1099Q if the earnings were used for education, but I don't want IRS coming after her.
I am using Pro Series Basic.
Thanks for clarifying my first question.