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Deductions & credits
Well, I didn't claim any credit in 2019 other than exempting the 529 withdrawals in 2019 from taxation. When the covid related refund for room and board came in 2020, I put it back in the 529 as the 529 sponsor suggested. Are you telling me I need to refile 2019 taxes? Seems pretty extreme for a refund that I didn't expect and I recontributed within 60 days. I can't see that I've taken advantage of any of the "tax deductibility of 529's" nor did I receive any education expense credit in 2019.
March 22, 2021
8:06 AM