Fareed
Level 1
04-23-2020
02:58 PM
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Where to enter Able account contribution in proies professional
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Level 15
04-23-2020
03:13 PM
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Im not familiar with these, but when I hit the green WHERE DO I ENTER button and type in ABLE contribution, Form 8880 pops up and has a space for it.
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Fareed
Level 1
04-23-2020
03:14 PM
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Thank you. I also found the same.
Howere, were do we enter Distribution form Able account
Level 15
04-23-2020
03:32 PM
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again, Im not familiar with this type of account, a quick search of the IRS website shows that they work similar to a 529 and as long as the money was used for qualified disability expenses, none of it (including the earnings in the account) is taxable...what type of reporting form did they provide you with?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪