Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

529 Distribution reporting as income

CAPCPA
Level 2

Why is the earnings portion of a 529 distribution (1099-Q Box 2)  carrying onto the parents tax return as misc. income?   The Tuition and education expenses far exceed the total distribution amount.  No AOTC or LLTC as parents income is too high.   What am I missing?   

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here