Dzeketey4
New Member

Education Payment

Hello,

I made college education payment of $18000 in 2019 for my son. I withdrew from a 529 savings plan twice in 2019 to pay for the college. The first withdrawal of $16000 was made in August and on December 30, I withdrew another $14000 to pay for tuition on January 9th. I then got a 1099-Q for $34000 since I made both withdrawals in 2019. How do I enter this on my taxes? I have a 1098 from the college showing the $18000 that I initially paid but the 1099-Q is showing more.

Thank you for your help