Where do I enter room and board expenses for college? The 1098-T section only asks about tuition. 1099-Q section is no help either.

Jeff_H · Mar 4, 2024 8:16:57 AM

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 child and there were no scholarships. We do not qualify for the AOTC or LLC due to income. By my offline calculations, our AQEE is about $760 less than the gross distribution resulting in about $326 of taxable income for my child. Should I just delete all of the 1099-Q and 1098-T information from TT? I have read several things that TT does not handle this correctly.