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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?
Topics:
February 3, 2024
10:53 AM