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I received 529 Distribution to reimburse education expenses paid for my child. TT thinks its income and adding penalties. Where do I record qualified expenses?

 
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Bsch4477
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I received 529 Distribution to reimburse education expenses paid for my child. TT thinks its income and adding penalties. Where do I record qualified expenses?

If all of the distribution was used for qualified education expenses you don’t have to report anything on your tax return. 

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1 Reply
Bsch4477
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I received 529 Distribution to reimburse education expenses paid for my child. TT thinks its income and adding penalties. Where do I record qualified expenses?

If all of the distribution was used for qualified education expenses you don’t have to report anything on your tax return. 

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