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
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
Entering the 1099 Q and 1098 -T and it tells me I am not eligible for
any higher ed credits but I should still enter expenses because of the
529 plan distributions but there is no place that it will let me enter
then - even when I try to edit under t...read more
deanne_bPosted 3 hours ago
| Latest post 2 hours ago by
Hal_Al
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
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.
Slobo1Posted a week ago
| Latest post 4 hours ago by
Slobo1
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