Student Loan & Education Tax Topics

Education

Education: Deductions, Credits, and Answers

There’s no doubt about it, education tax benefits can make a huge difference in your refund. The American Opportunity Tax Credit (AOTC) typically offers the largest tax break. But if you don’t qualify for that, there’s always the Lifetime Learning Cr... read more

Earnings on 1099-Q ignored and instead being calculated

1) I noticed that when entering Form 1099-Q, TurboTax seems to ignore the “Earnings” amount I input and instead calculates its own value based on the basis at the previous year-end and the account balance at year-end. This results in what appears to ... read more

1098-T Reporting

My 1098-T only reports what the university charged me for during 2025. This means that because I registered for Spring 2025 during the calendar year of 2024, that charge is not reported. The aid I received is listed for Spring 2025 and Fall 2025, but... read more

Penalty on ESA/529 withdrawal due to scholarship

I haven’t found a way to prevent TurboTax from applying a penalty to the withdrawal. I would expect that after entering the scholarship amount in Box 5 of Form 1098-T, TurboTax would use that information and avoid applying the 10% penalty. Is that co... read more

This answer has been verified for accuracy by an Intuit expert employee 1099-Q with Box 4b (QTP to Roth IRA transfer) checked

I have a 1099-Q with Box 4b (QTP to Roth IRA transfer) checked, reflecting a SECURE Act 2.0 Section 126 529-to-Roth IRA rollover. TurboTax currently shows a 'Check This Entry' error saying the program hasn't updated to support this yet — can you prov... read more

Foreign University but US citizen. Do I put it on my taxes?

Hi! I go to school at King's College London for an online master's degree. I pay tuition to them and have paid over $14,000 in 2025. I tried to research whether or not I should put it on my taxes but I can't tell if King's meets the criteria? On thei... read more

1098 T for Graduate Student on Stipend

My daughter is a graduate student on stipend. She receives a 1098 T that includes Tuition paid and Grant/Scholarship distributed. Turbotax takes the full Grant/Scholarship distribution, substracts the tax-free tuition paid, and uses the result as tax... read more

Student Info Worksheet 2025 Desktop

The forms mode shows a completed 2025 Student Info Worksheet. When I print out before filing the Worksheet is incomplete. Is there a work around or will there be an update to fix this issue? It doesn't show up as an error, but the information need to... read more

What if we, as Grandparents, contributed to a Grandchild's Catholic high school tuition? Is there a deduction for this

Is the link between "College Student Information and Student information worksheet broken?

I revised all entries. Problem persits

Deductible expenses for internship

My wife worked a summer internship that required her to live away from home, in the same state, through the week and some weekends. She paid a small amount for rent and also paid for all meals through the week(s). She was paid a stipend for the inter... read more

i have a 1098-T for college scholarships. I've always used the desktop version and there was a place where you entered the cost of tuition. I can't find that

I need the cost of tuiton for the scholarships to go against it (and it's not from line 1 of the 1098-T)

Help! Parent(me) unable to enter 1098-T. Says not eligible for education Credit

My dependent Kid received 1098-T for her bright Futures (Florida). Box 5 > Box 1. ALL the scholarship went towards fees and Tuition. Box 1 is $1000 dollar less than Box 5 . Turbo Tax is not letting me enter in 1098T form,. It says I don't qualify for... read more

Eligible for Lifetime Learning Credit, but TurboTax is not allowing it.

TurboTax doesn't allow me to take the LLC. My child is a graduate student. I input Form 1098-T and answered the questions on the screen "People wks(child name)" Part II, #1-5 all YES, #6 NO, and #7 Yes. But, these answered are not exactly flowing to ... read more

1098 T and 1098 Q

A 529 Plan distribution was sent directly to my daughter's college for tuition. I will claim her as a dependent and do not qualify for education credits based on income. My daughter is listed as the recipient on the 1099 Q. My daughter has also recei... read more