LPT – Owing taxes on a 529 college fund + back taxes
LPT - Owing taxes on a 529 college fund + back taxes So in 2021 i recieved around ~ $18000 from a college fund set up by my grandmother. I was told that if I use the funds to pay for schooling I would not have to pay any sort of taxes on it, but being stupid(I did not use it for schooling) , I used it to fund other things. At the time I was living with my girlfriend and we were going through some ...