grandmabee Posted March 31, 2010 Report Share Posted March 31, 2010 I have a 1099 Q Box 1 6415 gross dist box 2 earning -1100 box 3 basis 7600 grandparent closed account. no education expenses. I used the worksheet in pub 970 and I don't have any taxable because fund lost money no earning. but Now I wonder is the loss deductible? and if so where. account closed. anyone have any experience with these thanks Quote Link to comment Share on other sites More sharing options...
grandmabee Posted April 2, 2010 Author Report Share Posted April 2, 2010 BUMP anyone have any idea's? Quote Link to comment Share on other sites More sharing options...
Lion EA Posted April 2, 2010 Report Share Posted April 2, 2010 Like an IRA if all 529s closed out, Sch A 2%? Quote Link to comment Share on other sites More sharing options...
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