MarilynG1
Expert Alumni

Education

1. Say NO if your 529 was not specifically set up as a Coverdell ESA. 

 

2. Say YES since you received a 1099-Q distribution.

 

In the Education section, TurboTax asks how much of your Education Expenses were covered by the 529 distribution, and how much were covered by any Scholarships.

 

Any remaining expenses may qualify you for an Education Credit.

 

As long your your expenses exceed the amount distributed by the 529, no one needs to enter the Form 1099-Q in their return.  Just keep it for your records.

 

@999dwdw 

 

 

 

 

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