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March 11, 2020
Question

FORM 8815 Line 2

  • March 11, 2020
  • 1 reply
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Expenses to exclude from form 8815 line 2. Specifically the amount “ used to figure the nontaxable amount of a distribution from a Coverdale ESA or QTP”. How do I calculate or find that?

1 reply

March 11, 2020

If your 1099-Q distribution was used for Qualified Education Expenses, you are not required to enter it in your return.  Save it for your records. 

 

Click this link for more info on 1099-Q.