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529 Distribution
I want to use 529 funds to pay part of grandchild student loan just before or after graduation. Investment company wants to send me the distribution and then I will submit payment to loan program. I understand that under the Secure Act student loan payments are now considered qualified education expenses to avoid any of the distribution being taxable. Any advice on how to report this on Turbo tax if at all will be appreciated.
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‎November 2, 2023
12:37 PM