- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
To make the override in Forms view:
- Select "Forms" from View Menu
- In the Forms list, select "Student Info Wk" for the person who has the eligible education expenses
- In that worksheet, scroll to Part VI, Line 17: "Used for credit or deduction". Look specifically at the value in the 5th column, which falls under "Higher Education Expenses for 529 Plan"
- Override (reduce) that value such that Line 20 ("Adjusted qualified expenses") is greater than your 529 distribution.
- Select "Forms" from View Menu
- In the Forms list, select "Student Info Wk" for the person who has the eligible education expenses
- In that worksheet, scroll to Part VI, Line 17: "Used for credit or deduction". Look specifically at the value in the 5th column, which falls under "Higher Education Expenses for 529 Plan"
- Override (reduce) that value such that Line 20 ("Adjusted qualified expenses") is greater than your 529 distribution.
‎June 4, 2019
12:48 PM