Resonance.Of.Life
Brilliant_Rock
- Joined
- Nov 8, 2008
- Messages
- 1,329
I go to a private school and I had some of my 529 account funds to pay for part of the tuition costs. I just received the tax form in the mail from Fidelity. It doesn't say specifically what I need to use to prove I paid tuition to the school to file with this form.
My Mom is the owner of the account, so when my tuition was due (I'm a beneficiary) she had the funds debited to her checking account and she then wrote out a check to the school. Is the cancelled check to the University sufficient proof?
https://www.texastuitionpromisefund.com/digitalAssets/630bc0b9b202c010VgnVCM100000e82311ac____-0.pdf
Page 6, it states the cancelled check can be used but I wonder how that works since it's under my Mom's taxes rather than mine... and she paid my tuition.
eta: I'm in California I just found the pdf the only one to contain what I need to give to my mom to file this particular tax document with her taxes.
Sorry, I'm just confused and when I asked Fidelity about it, they said I had to consult a tax professional. >_<
My Mom is the owner of the account, so when my tuition was due (I'm a beneficiary) she had the funds debited to her checking account and she then wrote out a check to the school. Is the cancelled check to the University sufficient proof?
https://www.texastuitionpromisefund.com/digitalAssets/630bc0b9b202c010VgnVCM100000e82311ac____-0.pdf
Page 6, it states the cancelled check can be used but I wonder how that works since it's under my Mom's taxes rather than mine... and she paid my tuition.
eta: I'm in California I just found the pdf the only one to contain what I need to give to my mom to file this particular tax document with her taxes.
Sorry, I'm just confused and when I asked Fidelity about it, they said I had to consult a tax professional. >_<
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