You are correct, ($1199 if I recall correctly is figured as the basis) but because there is a return amount in all but the full distribution, the yearly loss is...
jimshepherd was correct in assuming I was not an "eligible" person. Then as ColeenD3 suggested I did some WFI's with the TT program using hypothetical numbers. ...
Thank you very much for your reply. Of course once I pushed post, I thought of one more piece of info that may have bearing. My son used only after tax dollars ...