I made contributions to ESA accounts for two grandchildren and am not eligible due to income level. I need to know where in TurboTax to report them.
I found a post that said to use the Education section under Deductions & Credits. I looked at this area. It asks about my being the beneficiary - which I am not. It does not make sense to say that I am.
I tried manually opening Form 5329-T. When I try to enter the excess contribution amount TurboTax opens the IRA Contributions Worksheet to the Coverdell Education Savings Account (Education IRA) Contributions section. The text there says, "Enter any excess contributions made to Coverdell Education Savings Accounts (ESAs) of which you are the beneficiary." But I am the contributor, not the beneficiary. This is very confusing.
Thanks in advance for any help.