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Get your taxes done using TurboTax
I read through your detailed response, continued the interview, entered 1098-T info and substantially reduced the tax owed. So, thank you. I'm not getting the American opp or Lifetime Learning credit for one of the kids. I entered a large room and board expense for her (lives in NYC), but it had no effect on reducing taxes. I looked at its specific help and it said, "generally not deductible, unless you used 529 or ESA to pay room and board." Of course, I used her college funds for room and board. How do I tell TT that?
‎January 27, 2023
9:10 AM