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Thanks for taking time to answer.

 

I am unable to connect your response in how I fill out the TurboTax form i.e. enter the right values in the two boxes (Earnings & Basis) presented by TurboTax.

 

For example one what should one report as Basis for each of the years money is withdrawn for qualified expenses. Consider the following scenario. Parent puts 15 * 2000 = 30,000 into ESA. Money has grown to 100,000. Parent withdraws 25,000 for each of the 4 years. How will the parent report Basis for each of the years?

 

Could you elaborate on this aspect

 

Regards,

Ramesh