Q. Is there a worksheet or a place within TurboTax to do that? Or is that something I need to track myself and keep with my tax records?
A. Some of each. The TurboTax worksheets cannot handle a two owner 529 situation. So, you have to adjust what you enter. That is, do not enter, on your return, any of the expenses used by grandpa, on his return. This may require entering an adjusted 1098-T.
