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In order for the Distribution to remain Tax-Deferred, it must be used in its entirety to pay for Qualified Education Expenses. If you received and reported and Scholarships or grants, this will create an adjustment to these expenses, therefore making a portion of the earnings taxable.
To confirm that you have accounted for and entered all of your Qualified Education Expenses in TurboTax, please follow the steps below:
FYI: Qualified Education Expenses for 529 and Coverdell ESA purposes:
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