wienky
Level 2
12-06-2019
08:40 PM
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Phone call to Plan headquarters says you can deduct 15,000 per beneficiary. Example, 10 grandkids and $8,000 per kid $80,000 deduction. Program limits amount entered to total of $15,000.
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Ernie
Level 9
12-06-2019
08:40 PM
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I just tried it for 3 individuals $15,000 for taxpayer for a total of $45,000. The taxpayer received the full $45,000.
wienky
Level 2
12-06-2019
08:40 PM
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Thank you. My error. I was trying to enter data on Part II instead of Part I of Schedule O.
wienky
Level 2
12-06-2019
08:40 PM
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Thank you. My error. I was trying to enter data on Part II instead of Part I of Schedule O.
Ernie
Level 9
12-06-2019
08:40 PM
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Glad to help!