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is Coverdell Education Savings Account same as 529
I graduated last year. I paid more than half of my education support. I filed my own return and entered 1098-T. There was a 529 final distribution to my mom. she is the recipient, she received 1099-Q. I am the beneficiary of this 529. Turbo tax ask these questions...
1. Were you a beneficiary of Coverdell Education Savings Account (ESA) ....
Should I answer Yes or No? is Coverdell ESA same as 529?
2. Did you receive form 1099-Q for distribution from a coverdell (ESA) or qualified tuition program (QTP)
Yes or No? the 1099-Q was for my mom but the money was spent on my education
March 25, 2023
11:12 AM