I’m having the same issue. 10% tax is being added on the 529 earning even though it is paid to university from my 529 plan for room/board. I compared last year turbo tax and it was not calculating the same way. By the way my 529 plan distributed for room and boarding. The earning in box 2 shows taxable. If the beneficiary is my daughter but I own the 529 plan should I enter 1099q in My return. Last year I had done that way but I think if student is filing tax then he/she should enter that . Please confirm.
