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Overcontributed to 529 account
I realized that I overcontributed to my child's 529 account in 2021.
I assume I need to pay a penalty of some kind as a result. Is preparing the proper filing and assessing the penalty something TurboTax will help me with as part of my return?
Or should I consult a tax professional separately and/or do something else to correct this error?
‎January 10, 2023
11:41 AM