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
It allows books and supplies to be entered if charged by the
institution, and indicates other expenses can be entered later, but it
never then prompts for other expenses before moving out of the 1098-T
and 1099-Q sections in the online version.
I have inputed 1099-Q and 1099-T, but the screen a screen that asks:
"Did [Child's Name] pay for books or materials to attend school?" never
showed up. As a consequence, i cannot input the "Room and board" . how
to make it to show this screen/section...read more
Son turned 24 in August 2025. Graduated May 2025. We used 529 for his
Tuition/Room/Board. He was also on our ACA Medical. Now Turbo Tax says
he is not a dependent. What do I do?
Despite the fact that it is unnecessary to file Form 1099-Q, TurboTax
nevertheless invites the User to an interview regarding it, and then
incorrectly leads to the conclusion that distributions are TAXABLE (when
they are NOT). This happened to me des...read more