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Get your taxes done using TurboTax
I've edited the above. Enter the amount (most likely the full $10K needed) used to claim the LLC as "tax free assistance", not "other adjustments". The taxable amount does not change, but the 10% penalty is removed. Claiming a tuition credit with the same 529 money, is a penalty exception.
‎February 27, 2024
7:38 AM