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Moneymom
New Member

savings bonds to 529

Situation - Eligible savings bonds cashed and deposited to 529 - All eligibility rules / income guidelines were met to exclude ALL the interest from the savings bond - 

 

However, the only way I can get TT desktop to exclude ALL the interest is by entering the total amount cashed  and deposited on line 3 Form 8815 - the end result appears fine - BUT the description of Line 3 does NOT represent what we are doing.... 

Line 3 says: 

Enter the total qualified higher education expenses you paid in 2024 for the person(s) listed in column

 

Does anyone have another work around, or is this acceptable?

 

 

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