MinhT1
Employee Tax Expert

Education

If you are satisfied that the 529 distribution was used entirely for education expenses (including room and board). Just keep form 1099-Q in yourtax records.

 

See this TurboTax article.

 

Also, on form 1099-Q, instructions to the recipient read: "Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. You must determine the taxability of any distribution." 

 

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