raernst
Returning Member

529 Plan 1099-Q

-My Oldest files on his own starting a couple of years ago. Graduated college May 2023

-I Rec’d 1099-Q for funds we took from his 529 to reimburse me for expenses I covered.

-I’m claiming it on my return but it is taxing me on the amount we puled out even though it was a reimbursement for college expenses

-Am I doing this correctly or am I missing something here?