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June 12, 2020
Question

Coverdale ESA

  • June 12, 2020
  • 1 reply
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TurboTax asked:  Was the distribution of $4500 a return of your contribution to a Coverdale ESA?"  What does this mean?  I do not understand the question.

    1 reply

    Hal_Al
    Employee
    June 12, 2020

    Answer no.

     A return of a contribution means you made a contribution, then changed your mind, or were ineligible, and withdrew it

    pricen8rAuthor
    June 14, 2020

    Thanks for the reply, it was very helpful and answered our question.  Thanks again!