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Education
Account shows I pulled roughly 20k from 529 and about 5k was earnings which it is showing as taxable. I had 20k in college expense so I think this should offset it and none should be taxable but turbotax is showing I do not qualify for education expense. Is this correct? I am showing it all on my return instead of my childs. I can't think I should owe tax because that was the main idea of the 529 but can not figure out what I am doing wrong.
‎February 1, 2020
12:04 PM