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Level 2
posted Mar 11, 2020 9:20:47 AM

FORM 8815 Line 2

Expenses to exclude from form 8815 line 2. Specifically the amount “ used to figure the nontaxable amount of a distribution from a Coverdale ESA or QTP”. How do I calculate or find that?

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1 Replies
Expert Alumni
Mar 11, 2020 11:59:56 AM

If your 1099-Q distribution was used for Qualified Education Expenses, you are not required to enter it in your return.  Save it for your records. 

 

Click this link for more info on 1099-Q.