Education

AndrewQQ,

 

Don't know the answer but:

 

In https://www.nysaves.org/home/why-ny-529-direct-plan/grandparents.html  there is a note that such contributions could exceed your annual gift tax exclusion with an alternative 5-year contribution method.  Perhaps TurboTax had been informed of that election and the 5 years are up?  I do suggest looking at the 529 plan document for details.