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Education
Room and board are also qualified expenses for a 529 plan distribution, even if you live at home. You must be a half time or more student. So, you should be able to reduce the amount of the distribution that is taxed.
To get the screen to enter Room & Board, answer yes when asked if you have book expenses. You must have entered the 1099-Q, earlier, to get the R&B screen.
March 26, 2024
4:35 AM