based on google, i deleted 1099-Q and entered 1098-t. Then i went back and entered 1099-q, seems to have fixed the problem. This dents my trust on turbo tax.
I still have fundamental question. Why is qualified distribution from my 529 reducing my tax refund amount? In simple words, I took 22k from 529 but i paid 25k for tuition etc, for which i have receipts. Why did it drop my refund amount?
Some private tax websites recommend not to report 1099-q and 1098-t at all in case no fund were used for non-qualified purpose. Any insight?
