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 Expenses Not Able to be Applied Against 529 Disbursements Reported on 1099Qs

After being a long-time patron, here's why I will no longer be using TurboTax software: 1. the 2025 tax software does not have any place where one can put expenses for room and board to offset 529 distributions (as reported on the 1099Q form).2. I co... read more

1099-NEC for Student Loan Repayment Program - Texas

Received a 1099-NEC from the Texas Higher Education Coordinating Board as part of the Teach for Texas Loan Repayment Assistance Program. This is a 3rd party and I am not employed by them. When I attempt to add the 1099-NEC, none of the options presen... read more

Unable to enter ADDITIONAL education expenses in TurboTax 2025!

In TurboTax 2025 I am unable to enter additional higher education expenses, including Room and Board, to offset qualified withdrawals from a 529 account. Without this option, I will be taxed on 529 withdrawals that should NOT be taxed! This option ha... read more

Turbotax Premier College Expense Entry

I am using the desktop product for the 2025 tax year and I have entered the 1099Q and 1098T information, however I am not getting a screen to enter my other college expenses. It keeps taking me to the education credit and showing I owe taxes and pena... read more

Where do you enter room and board college expenses so that they are considered in 529 distribution?

1098T Question

I’m confused. Box 2 of my 1098T says my dependent son’s tuition is $47,000. Box 5 says scholarship is $33,000 which when subtracted exactly equals the $14,000 out of pocket amount I paid. I qualify completely for AOTC in every other way but when I cl... 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.

Where do I enter my daughter's college tuition expense?

Cashed EE Bonds and did a rollover to QTP

Desktop Turbo tax gets hung up and never progresses to the 8815 form to allow me to show the rollover to QTP 529 Plan?

using turbotax online, where do i enter room & board expenses to account for some of the funding withdrawn and shown on my son's 1099Q form?

the only college expense i was able to add was for books. there is no area to add room & board expenses and these amounted to 75% of the difference between the 1098T 1. Payments for Qualified Tuition and Related Expenses and 5. Scholarship or Grants.... read more

where would i enter the cost a computer purchased for my full time student?

where do education expense not paid to the school go in my form?

Does someone know how to fix the 1098-T wks? I have entered our 1098-T form, but it keeps showing the incorrect state once in 1098-T Wks.It is on one of those grey boxes

when reviewing the return, it keeps popping up as an item that needs review, but the state is not editable. It also says "double click here if..." but it's all greyed out.

State of Illinois 529 plans and paying private high school tuition

I have a 529 plan in the state of Illinois (Bright Start). I received a 1099-Q for paying my grandson’s private school tuition. The tuition was sent directly to the high school. The distribution is free from federal income tax. However, the earnings ... read more