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Education
Farney, THANK YOU from me too. The process above worked for me also. I have two kids in college, a 529 for each. I pay the expenses out of my savings account, and at the end of the year I reimburse myself by taking the appropriate amount out of each 529 and paying it directly to my bank account. I am the recipient and my SSN is on the 1099-Q as recipient. The "income" from the 529 matched the expenses i entered and there was no tax impact due to earnings, and it worked even tough my income is too high to take any of the other educational credits. I agree turbo tax needs to fix this. Thanks to those who share their solutions here.
‎June 7, 2019
3:02 PM