MountainGal
Returning Member
Member profile
- Replies
- Posts
-
Thank you! Yes, this is exactly what is happening. She is getting the AOC credit. For some reason, I had not previously come across that screen to adjust the am...
-
But the qualified expenses I itemized above exactly match the distribution, so it should not be taxable income.
-
@Hal_AlBased on the discussion here, I am inclined not to include my daughter's 1099-Q from her Coverdell distribution in Turbotax. Can I put the numbers in thi...
Activity Feed for MountainGal
- Posted Re: When my daughter includes her 1099-Q, TurboTax is counting a portion of the Coverdell distribution as taxable income on Education. February 19, 2021 5:31 AM
- Posted Re: When my daughter includes her 1099-Q, TurboTax is counting a portion of the Coverdell distrib... on Education. February 18, 2021 2:04 PM
- Posted When my daughter includes her 1099-Q, TurboTax is counting a portion of the Coverdell distribution as taxable income on Education. February 18, 2021 1:21 PM
- Posted Re: Coverdell ESA -Taxable Distributions and Basis on Education. February 18, 2021 7:18 AM