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

Room and Board Entry for college Student

I am unable to enter room and board expenses for my college student to cover all of my distributions for the tax year. I spent about thirty minutes on the phone with tech support and they were clueless about any issues as it appears there is by other... read more

Why doesn't turbotax allow me to enter qualified education expenses like room & board? is their a problem with the software?

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.

How do I imput information on form 8863?

Why did I not get the extra $6000 Senior deduction? Im well below the income threshold

Is it only if you are claiming social security benefits?

Entering 1099-Q and 1098-t and claiming off campus housing costs

My child receives tuition remission through my employer, which is listed on 1098-T as a scholarship. I withdrew funds to cover her remaining fees and to pay her off campus housing from her 529, payable to me. When I enter the info from the 1098-t and... read more

Educational expense not paid to school, there is no where to input this info. Anyone else coming across this issue.

Only options are expenses paid to the school. It's stated that you can add other expenses later but it never allows you to.

room and board as education expenses - how do i enter into this year's turbotax?

MAGI is slightly too High for Education Credits

Married filing jointly and our MAGI js just slightly over to qualify for the AOTC for my two college children. Is there a loophole that can be used to lower the MAGI? We take out loans and pay expenses out of pocket.

Turbo Tax is not allowing me to input qualified education expenses from my 529 plan withdrawals.

Background. I have had 529 plans for my daughters for 25 years and have used Turbo Tax for about 30. The last 10 years I have entered qualified education expenses from 529 withdrawals into Turbo Tax with no big issues. This year, I input the 1099-Q i... read more

ESA/QTP worksheet

Working on 2025 taxes. Vet school daughter not a dependent. We paid her tuition and expenses and were reimbursed from 529 plan. Adjusted qualified expenses exceed 529 distribution amount on 1099-Q. Previous posts indicate I do not need to enter any o... read more