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After you file
I actually used that workaround on my own return. It didn't help. I got a CP2000. I replied to the IRS that it was all used for qualified education expenses. I attached a copy of my billing statement from the school and a copy of TurboTax's 1099-Q work sheet (which was not part of my original filing) and that took care of the problem (2-1/2 months later).
At least two users have reported receiving a CP2000 letter, from the IRS, on 529 distributions. They replied that their child was in college and the distributions were for qualified expenses, which they listed, but they did not provide receipts.. They later received a notices saying they were in the clear.
‎December 21, 2021
5:09 AM
1,136 Views