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How do I report a non qualified 529 withdrawal and avoid 10% penalty based on the montgomery GI bill?
My dependent joined the military in 2020 and is signed up for the montgomery gi bill. I took a non qualified withdrawl from the 529 account becuase he no longer needs it. Can I avoid the 10% penalty and how do I reort it in turbo tax?
ā€ˇFebruary 7, 2021
7:14 AM