College Choice 529

ronjohnsus · ‎February 3, 2020

I have 3 accounts (1 for each grandchild) In the "Summary of 529 Distributions" It shows the 3 different amounts, but assigns the same name to all (which happens to be the last one entered"

SusanY1 · ‎February 3, 2020

On the summary screen, this isn't any cause for concern. As an aside, if you did not take any taxable distributions from these accounts (meaning that you only took out funds used for qualifying expenses), you do not need to enter these amounts into TurboTax at all.

The IRS only requires that you report 529 Plan distributions if they are taxable.

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