alsn
Level 4

Get your taxes done using TurboTax

@AmyC Does this mean that only $150 of the interest amount of $250 is excludable? My understanding is that the entire amount would be excluded if the entire proceeds were contributed to QTP i.e. entire $250 should be excluded. Also, your form does not show the amount of proceeds anywhere ($450). Am I missing something?

 

How to Rollover U.S. Savings Bonds into a 529 Plan (savingforcollege.com)

 

Savings Bonds for College | CollegeData