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baneville1
New Member

How can I remove the tuition credit from the student worksheet. Last year it was in the step by step and I cannot find it this year. Not eligible and it still includes

 
3 Replies
Hal_Al
Level 15

How can I remove the tuition credit from the student worksheet. Last year it was in the step by step and I cannot find it this year. Not eligible and it still includes

Why are you even entering educational expenses, if you aren't eligible?  A 1098-T is only an informational document and does not have to be reported to the IRS or entered into TurboTax.
baneville1
New Member

How can I remove the tuition credit from the student worksheet. Last year it was in the step by step and I cannot find it this year. Not eligible and it still includes

because i have 529 distributions that need to be accounted for.  The opportunity credit reduces the amount applied by 10000 and causing a taxable prorated event on the earnings
Hal_Al
Level 15

How can I remove the tuition credit from the student worksheet. Last year it was in the step by step and I cannot find it this year. Not eligible and it still includes

Go through the education section again. When you get to the screen that says “Here’s your Education Summary”.  Click edit next to “Education Information”. When you get to the screen titled “Amount Used to Calculate Education Deduction or Credit”, verify the amount you want to use or change it (to 0 in your case).

Alternatively; you can just not report the 1099-Q, at all, if your student-beneficiary has sufficient educational expenses, including room & board (even if he lives at home) to cover the distribution.  When the box 1 amount on form 1099-Q is fully covered by expenses, TurboTax will enter nothing about the 1099-Q on the actual tax forms. But, it will prepare a 1099-Q worksheet for your records, in case of an IRS inquiry.


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