TAXMAN Posted April 5, 2022 Report Posted April 5, 2022 Tp pulled $ from roth account(ok here) Bought into va 529 same $ then 2 days later pulled all but a $100 from 529 sent to college. Question becomes :is tp eligible for the Virginia subtraction up to 4k. My thought is because of the short time frame of in and out I cannot see this as a subtraction. I need some help from somebody that may have insight on this transaction. Quote
Lee B Posted April 5, 2022 Report Posted April 5, 2022 I know nothing about Virginia. However, I think evaluating your client's situation makes more sense if you look at it as 3 separate transactions. Quote
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