Education

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Turbotax is asking if I ever claimed the AOTC which is confusing since a student should get it for 4 years.  If I check the box, it then it doesn't allow me to take the credit.  It should ask if I have taken it for 4 years instead.  

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I got scholarships from my school and education assistance from my employer.  Following are my scenarios:1098-T:Box 1 = 31743Box 5 = 64743 W-2:Box 1 shows        Tuition Reimbursement - Tax = 643.7                               Tuition paid to school - Taxable = 17161 From Turbotax under section "---scholarships or grants":[] Received tax-free education assistance from an employer   Amount from employer = [][] The aid was already reported as income on a W-2   Amount reported as income on a W-2 = [] Please advise on what to fill out in this section.  Thanks in advance.

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where do i enter mortgage interest

But the scholarship was used completely for qualified education expenses, not on room and board

1098-T plus education expenses equal to 1099-Q but TT is calculating I have a larger tax liability.  Prior TT years this was not the case. Is there a bug?

My federal and state refund amount went down after I entered my 1098-T. I shouldn't be taxed on the scholarship amount.

Today I was trying to input one of my children’s 1099Q’s. I have 4 children and have been receiving these forms for a decade. NEVER has there been amounts in box 2 and 3 for basis and earnings. NEVER has Turbo Tax required those amounts. Turbo Tax figures out your basis after you input your 1098T, 1099Q and all education expenses. You can find the calculations in IRS pub 970. This past year I spent hours on the phone with Vanguard trying to figure out the basis of a Coverdell I was rolling over. Their final answer was they don’t keep track of that amount because it’s done on your taxes. Turbo Tax needs to not require amounts in boxes 2 & 3 because I cannot proceed without an input that equals the distribution amount. All 4 of my children’s 1099Q boxes 2 and 3 are blank. Turbo Tax please correct this unnecessary input. Earlier I called Turbo Tax and requested a callback. The agent called me 50 minutes later, and at the beginning of the call, we were accidentally disconnected and the

under the dependents section.

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Forms View - I noticed that the Student Info worksheet, "Part IV Educational and Institution and Tuition Summary" has a 1098T listed twice.  There is only one (1) 1098-T form.   The first entry text values are blue and the secound (duplicate) text values are black in color.    I caught this during a smart check of my state (Ohio) return when it listed a total for scholarships that was double the total amount. How do i remove the duplicate 1098T entry ?  

The message also says that my adjusted gross income exceeds maximum limit of $180k.  However, my 529 withdrawal was less than tuition expenses and qualified expenses. When looking at the 'Part VI ' Education Expenses' on the Tax Return it shows a $10,000 Adjustment on line 18 'Used for credit'.  From what I can gather, that is used by TT to optimize for the American Opportunity or Lifetime Learning credit (neither of which I qualify).  It appears that there used to be a way to zero out the credit amount in TT.  However, that no longer appears to be an option.  How can I remove that adjustment so that I am not paying tax on my 529 withdrawal?

Making this mistake delays refund. I won’t use TurboTax again because they have made my refund delay. It’s been more than 21 days. I learned that LCC is rather for those pursuing graduate degree and I mistakenly chose AOTC

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I want to withdraw from 529 to reduce the account balance.  But I don't know if it is better for tax benefit to choose me (account owner) or my son (beneficiary) as recipient for the distribution. The situation is:My son has excess scholarship that covers all qualified expenses. Scholarship = $40,000. Qualified expenses = $25000 (room & board not included here)He had a summer internship $10,000 (don't know if this will be a W-2 or 1099-MISC) and an on-campus part time job ($1200 on W-2) My income is too high for education creditsI want to withdraw from 529 for $12000 to cover room & board. And also a large amount comparable to the scholarship. I know the scholarship equivalent will be subjected to income tax but not 10% penalty. My question is if I should choose myself or my son as the 529 distribution recipient.

I have an employer tuition program that pays for 100% of my tuition and fees. I started school in the 2025 fall term, but my employer does not report the tuition as income until a February 2026 paycheck. I received a 1098-T from the school for 2025 listing the tuition paid by my company, so I'm worried that if I attempt to claim the AOTC from the tuition reported as income for 2026 it will flag as having actually been paid to the school in 2025 - is it okay to wait until next year to claim the AOTC? I know that I can only claim the amount that is paid over the $5,250 tax-free limit, so it would work better for me to be able to take it next year when the tuition over the limit will be higher. Especially since I did already take a 529 withdrawal to match the cost of room+board and books because those expenses definitely occurred in the 2025 tax year, and I know that I now can't double dip by claiming any of that to trigger the AOTC. Do I even need to report the 1098-T, or can I just say

Clarification regarding 1099-Q, 1098-T, 1098-E 1098-E around $279 Interest Payment - issued against Borrower which is my Daughter. 1098-T $40721 (box 1) and 16000 (Box 5) issued against Student which is my Daughter 1099-Q 2 Forms from 2 different 529 account $5400 & $3024==$8424 , issues against recipient which is Father. both has "The receipeint is not the designated beneficiary" CHECKED. Amount withdrwan/Rceived from 529 and reported in 1099-Q 5400+3024 == 8424 ----- Loan Paid 5500+2924=8424 i WITHDRAW the amount and send it to my daugher and she in turn pay off the loan. Questions: 1. 1099-Q because this is issued under my name as receipent , should I need to file in my Return ( I & My wife - file as Married and filing jointly) 2. 1098 - T, 1098-E, this is issued under my daugher name, should she need to file this in her Return ( File as Single - Student), and to get the Credit of $279?

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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 that child in the Education summary. It only takes me to the Books and Supplies - no place to enter Room and Board numbers.

if education expenses for the spring 2025 semester were entered on a 2024 1098-T, can that amount paid for the Spring 2025 semester be added to the actual tuition paid on the 2025 tax return?

Hi! My school does not send me the 1098-T form since the Federal Pell grants fully cover my tuition. Although, how do I report the money that they refunded me?

My son has $125 fee to be in band, $70 fee for Beta, $100 sports fee. Do these count as the 'more than 250' for the education expense credit?

When I had entered all of my information, I was told I, “need to upgrade to Deluxe,” because I have student loan interest. I thought this was covered in the free version of TurboTax, and it is listed under free features when I click for more details. Can I still file for free? How?