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1099-Q
I have 2 children in college and each has a 529 plan. I got two 1099-Q forms about the funds I took from those accounts to pay for qualified expenses. But when I entered them into TurboTax, my refund went down $7000. Those were qualified expenses and shouldn't have been taxed, but obviously TurboTax thinks they should be. Any advice about how to fix this?
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‎February 18, 2024
1:09 PM