wjs11wjs
New Member

Education

Carl, Thanks! I think I finally was able to get TurboTax to reflect what I did but I have a simple question.  All of my withdrawals from our 529 were used for qualified college expenses except I withdrew an additional non qualified $500 as my daughter received a $500 scholarship.  I know we have to pay tax on the earnings (no 10% penalty); however, the earnings were only $105.  My daughter is the recipient on the 1099-Q and she had no other earnings in 2017. Does she have to file a tax return to account for the $105?  I assume she doesn’t...