I prepaid 4 years of tuition from a 529. The 1098 T is for one semester. How do I report the entire amount prepaid to avoid paying taxes on the earnings from the 529?

posted

Connect with an expert

1 Best answer

Accepted Solutions

After you enter the 1098-T, the program asks if the amount showing was what you actually paid.. You can fill in the amount actually paid there.

1 Reply

After you enter the 1098-T, the program asks if the amount showing was what you actually paid.. You can fill in the amount actually paid there.

Still have questions?

Questions are answered within a few hours on average.

*Must create login to post

Unlock tailored help options in your account.