Yes, I think I finally understand! Both the 1098T's and the 1099Q's have my children's names on them, not mine. So the taxable income would go on their income t...
please post back the 1098T amounts in Box 1 and Box 5 as well as the Box 1 amount on the 1099Q and I can explain the math.Child 1:1098T box 1 $13495 box 5 $1500...
Hi! Thank you for your reply!1) "Basis"--that is Box 3 on my 1099-Q, this is the amount that I actually paid into the 529 account (I paid taxes on it at the tim...
