- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Hi thanks for the reply, I do qualify for the AOTC and Turbotax applied the credit
The 1099-Q I received had the following values
box 1 15431.46
box 2 3969.49
box 3 11461.97
box 5 Qualified tuition... state checked
1098-t from school
box 1 5990.46
box 5 1167
7 and 8 checked
My dilemma is that the 529 distribution is the same amount as tuition, room and board combined. The scholarship amount is the excess amount and that was refunded to me. I took a distribution and had the check sent to the school to pay for the entire invoice I owed the school for that quarter before the scholarship credit was added later..
‎April 13, 2023
5:05 PM