- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
He would only be taxed on the income from distributions from the 529 plan if he did not use the funds for qualifying education expenses. If he did, then he does not need to amend his return. He's not required to report the 529 income if it is not taxable.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 14, 2020
5:29 PM
13,318 Views