MindyB
Employee Tax Expert

Education

If you received a refund from your son's 529 plan, you need to indicate that you recontributed the funds within 60 days in TurboTax

 

  • You should have received a 1099-Q for the disbursement. After you enter the 1099-Q information into TurboTax in the Education Section, there will be a follow up question asking if you received a refund of qualified education expenses.   You should indicate yes. Next, answer that you recontributed to the funds to the  tuition program within 60 days, if you did so.