Puzzled -- how to treat 529 withdrawal



I withdrew $21,000 (the total) of funds I contributed to a
529 plan in the 90's. I have no earned income this year.
Interest income is under $100. I am 52, have returned to
school, and am living on student loans. My itemized
deductions will exceed the standard deduction.

The 529 withdrawal had zero withholdings -- no taxes, no
penalty withheld.

How do I treat it for tax purposes? As income? Other?

Are there any exemptions or deductions that I can use to
offset it? Maybe it's not subject to taxes or penalty
because I'm using it for education?

I've always done my own taxes; I don't want to pay someone
to handle them for me this year--maybe when I finish school.

Information appreciated.

(e-mail address removed)

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