MarkWiz72
Level 3
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According to what I've read and what your pros have told me, 529 a distribution CAN cover room & board (see earlier in this string from ThomasM125)
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I just read this on your site for the 2021 tax year as well: "Interest on earnings in other plans you can use to save for college, including Coverdell Savings A...
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So you're saying I only have to enter what we actually paid for tuition, fees, and room & board for 2021 and not worry about reporting was actually distributed ...
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I entered all of the distribution amounts from my 1099-Q, which covered the Fall 2021 semester and the Spring 2022 semester (which was billed in December 2021) ...
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My financial advisor told me I needed an offset notation to self-verify it was used for education expenses. Is there a way to do an offsetting entry, or is it e...
Activity Feed for MarkWiz72
- Cheered Re: 1099-Q for AmyC. March 7, 2022 12:42 PM
- Posted Re: 1099-Q on Deductions & credits. March 7, 2022 11:23 AM
- Posted Re: 1099-Q on Deductions & credits. March 7, 2022 10:59 AM
- Posted Re: 1099-Q on Deductions & credits. March 5, 2022 5:45 AM
- Cheered Re: 1099-Q for MarilynG1. March 5, 2022 5:43 AM
- Posted Re: 1099-Q on Deductions & credits. March 4, 2022 4:41 PM
- Cheered Re: 1099-Q for ThomasM125. March 3, 2022 1:17 PM
- Posted Re: 1099-Q on Deductions & credits. March 2, 2022 12:09 PM
- Cheered Re: 1099-Q for ThomasM125. March 2, 2022 12:06 PM
- Posted Re: 1099-Q on Deductions & credits. March 2, 2022 10:39 AM
- Cheered Re: 1099-Q for KrisD15. March 2, 2022 10:37 AM
- Posted Re: 1099-Q on Deductions & credits. March 2, 2022 6:46 AM
- Cheered Re: 1099-Q for Cynthiad66. February 28, 2022 4:04 PM
- Cheered Re: 1099-Q for ThomasM125. February 28, 2022 4:04 PM
- Cheered Re: 1099-Q for KrisD15. February 28, 2022 4:04 PM
- Cheered Re: 1099-Q for ThomasM125. February 28, 2022 4:04 PM
- Posted Re: 1099-Q on Deductions & credits. February 28, 2022 2:16 PM
- Posted Re: 1099-Q on Deductions & credits. February 28, 2022 1:41 PM
- Posted Re: 1099-Q on Deductions & credits. February 28, 2022 9:02 AM
- Posted 1099-Q on Deductions & credits. February 28, 2022 8:05 AM