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Get your taxes done using TurboTax
Apparently the financial institution considers this as a distribution, and recontribution that was done so quickly, you never saw a check.
This is not a taxable event. You can enter the 1099-Q and select
"Yes,..." for Refund of Education Expenses
and
"Yes,..." for "Were the refunded expenses recontributed to the tuition program?"
Enter the amount
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‎February 19, 2024
12:16 PM