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T
TAX GUY 35
Level 2
November 11, 2024
Question

How to properly report the balance in a 529 plan as a complete withdrawal?

  • November 11, 2024
  • 1 reply
  • 6 views
No further dependents to use the available funds.
    This topic has been closed for replies.

    1 reply

    Accountant-Man
    Accountant-Man
    Level 13
    November 11, 2024

    1099Q, all income and any basis left, no qualified expenses. Then the income will be taxed.

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