I don't understand why the TT form even tracks the ESA value at the end of 2021. It's not used to make any calculations for a distribution made in 2022 even if there was a taxable event.
The Basis portion of the 2022 distribution and the Earnings portion of the 2022 distribution has nothing to do with the ending value of the ESA in 2021. It's the ESA value at the end of 2022 that matters.
