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
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
I hold permanent residency since 2023 and completed my undergrad
education in 2011 outside the US. In January 2025, I started my graduate
education in the US and I've recently received my 1098-T from the
university for the year of 2025, only box 1 wa...read more
I've put all the information from form 1099-Q (payment from qualified
education programs) into turbo tax and followed every prompt. I've
double checked each question set. Nowhere does it give me an option to
state that the funds reported on 1099-Q we...read more
My 20-year old daughter is a full time student. Last tax year, she
participated in a coop program Fall and Spring semester, and took actual
classes only in the summer. The school considers this coop program an
accredited academic program. From the sc...read more
catkikPosted yesterday
| Latest post yesterday by
MindyB
Very frustrated - spent 2 hours on phone today with TT. In years past
there was a place to enter room and board as qualified expenses to
offset 529 distributions, keep them from being taxable. There is nowhere
to enter it this year. Rep was no help -...read more
rsw006Posted yesterday
| Latest post yesterday by
Hal_Al
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
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
ldweiPosted Tuesday
| Latest post yesterday by
jrodney
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