I entered the 1099Q information for distributions received from my kids 529 plan. i own it but they are the beneficiaries. I received payment from the 529 plan to pay me back for the qualified expenses that I paid. I'm not eligible for the educational credit. The program is treating this income as taxable, when it is not! I tried entering$0 in the " Amount used for educational deduction or credit" under education information. it's still wrong. How do I fix this?
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If all of the distributors from the 529 plan were used for education expenses you do not have to include that form on your return.
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