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Get your taxes done using TurboTax
The 529 can be potentially taxed, which is what causes the confusion in the program and why you have to enter things just so. Entering the 1098-T first is preferred. By entering the 1099Q first, it is all taxable until the 1098T comes along and that is backwards to the program.
Related: Topic No. 310 Coverdell Education Savings Accounts
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March 4, 2020
7:17 PM