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Education
I just got a letter from the IRS saying that the taxed owed on the 529 distribution in 2020 was the amount prior to the 60% being applied. This was calculated on the PArt III Taxable Earnings from Qualified Tuition Program (Section 529). Please note that this worksheet is gone from TT2021.....seems like TT owes me $5017 when do I get the check?
‎June 5, 2022
12:17 PM