"Tom" <Tom[at]cppc.com> wrote in message
news:gncvpj$r6p$1[at]news.motzarella.org...
- quote -

But please see my other post on the same subject.

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My son paid for college with distributions from his NYS 529 plan.

He had income of $30,000, took $40,000 out of his 529 plan; so his New York
AGI is -$10,000? Can that possibly be right? It seems way too good to be
true.

If so, then I screwed up his last two returns and have to file amendments.
What is the time limit, 3 years from filing date?

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >