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February 25, 2023
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What is being asked for "Student Info Worksheet: Principal payments must be entered"?

  • February 25, 2023
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I am slightly confused with the entry called "Personal Worksheet (name)-- Student info Worksheet: Principal payments must be entered. 

what is this referring to?
Best answer by Hal_Al

That question comes up if you are counting student loan payments  to qualify  a 529 Plan distribution (form 1099-Q), for tax free treatment, because there is a $10K limit.

1 reply

Hal_Al
Hal_AlAnswer
Employee
February 25, 2023

That question comes up if you are counting student loan payments  to qualify  a 529 Plan distribution (form 1099-Q), for tax free treatment, because there is a $10K limit.

February 26, 2023

Thank you!