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
In the Education section, I entered 1099-Q first and then 1098-T. Though
there was a check box in the step-by-step that asked whether 529 funds
were used to pay loan, there was never a request for amount. So, how
does Turbo tax know how much of 529 f...read more
TaxHeadPosted yesterday
| Latest post an hour ago by
Hal_Al
I have a 529 account for my daughter where I am the recipient and she is
the beneficiary. I do not qualify for any of the educational credits but
need to enter the expenses (room and board) and tuition to show that I
didn't over draw on 529 funds in ...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?
dreon1994Posted yesterday
| Latest post yesterday 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
Where is the section to enter education expenses? It only asks for
expenses paid directly to school and that you can add additional
expenses later but that option never comes up. We have expense to add
but no where to input them.
The software gives me an error saying cannot upload 1098-t because
household too large. Can Intuit fix this glitch. I can't believe I can't
finish my taxes because of this. Also, why is number of dependents,
connected to entering a child's 1098-t fro...read more
When I enter the 1099-Q info, TT is saying that we have $8500 of taxable
income, but it clearly has not taken into account nearly $13K of room
and board (because there has been no prompt to enter the room and
board). All 529 distributions were to my ...read more
Jeff_HPosted March 4, 2024
| Latest post yesterday by
Hal_Al