Q. Do I need to enter 1099Q in my or my son's 2023 tax return?
A. No, because this was a qualified distribution for the reasons explained above
Q. If I do, what do I enter for corresponding Education Expenses as the education expense was incurred in 2021 & 2022 when he took the loan to pay off tuition (not in 2023) when I paid it off using 529 distribution?
A. You enter no education expenses, per se. You will encounter an interview question that asks if you used the money to pay off a loan in 2023. Answer yes. The act of paying the loan, in 2023, is the "educational expense" that makes the the 2023 distribution tax free ("qualified"). It doesn't matter that the actual expenses were in earlier years.
