Ibonds to 529 ..forgot to transfer

[AvocadoDeliberator]

Hi All,

Back in Jun 2024, we sold a bunch of bonds to be transferred to our kids 529. My wife and I owned the ibonds. I totally messed up I think since I forgot to move that amount to the 529. Now I am well beyond the 60 day period. Can this be corrected?

What if I now transfer those sale amounts now and still try to claim it on my returns? We are looking at. 3500 tax hit!

Only myself to blame but just curious if there is any remedy here

[SimonJester]

Did you make any other contributions to the 529 plan in 2024? if so you can use that to offset the I bond interest.