Question

I've found an error in the calculation for the 529 plan educational expenses. why is 10,000 deducted on line 17 when I am not eligible for the education credit?

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Employee

Are you looking at the worksheet? Line 17 on form 8863 is a calculation and should be a decimal.

Line 17 of the 1040 is tax withheld. You are not looking at schedules 1,2, or 3. Please reply with more information so we can help.

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