Hello. I have been taking money out of my child's 529 plan to pay for her college expenses. All of the withdraws are for qualified expenses. My understanding is that I do not need to report any of that on my taxes, just keep records.
Now I want to convert part of the 529 plan to a Roth, following the rules of the Secure 2.0 Act. Does the same logic apply to this situation? As long as I am following the rules of the Secure 2.0 Act, then I don't need to include this transaction anywhere in my taxes, just keep records. Is that correct? Thanks.
