AmyC
Expert Alumni

Get your taxes done using TurboTax

The order in which you enter the forms affects the program calculation. The 1099-Q must be entered before the 1098-T, if it needs to be entered at all. In addition, the program may try to hold out money to qualify for education scholarships rather than allowing the 1099-Q.

Delegate 1099-Q expenses to room and board, then education expenses. If all of the money was spent on qualified expenses, don't enter the 1099-Q.

 

TT article  Guide to IRS Form 1099-Q: Payments from Qualified Education Programs. 

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