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Get your taxes done using TurboTax
Facts:
- Coverdell ESA was set up by me (Parent) for the benefit of my son
- Received from Vanguard 1099-Q form with Distribution Code set to ONE (1)
- From 1099-Q didn't report any amount in Box 2 (Earnings) or Box 3 (Basis)
- Received 1098-T from the college my son is attending as a full-time student
- All of the withdrawals were spent on qualified expenses - tuition, books, room and board
The questions posed by TurboTax screen "Tell us about your education plans" is confusing.
Regards,
Ramesh
March 26, 2023
12:24 PM