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Roth IRA distribution used for daughter's college education

Hawk26
Level 3

Client under age 59-1/2 withdrew $6,000 from Roth IRA for daughter's college education.  Since the funds were used exclusively for secondary education they're supposed to be exempt from the 10% penalty.

Is there a section on the 1099-R Worksheet that indicates the withdrawal was used for college costs?  How do I "eliminate" the $600 early withdrawal penalty?

Thanks.

 

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1 Solution

Accepted Solutions
Hawk26
Level 3

Please disregard... found the answer on Form 5329-T

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1 Comment 1
Hawk26
Level 3

Please disregard... found the answer on Form 5329-T