davet234
New Member

Get your taxes done using TurboTax

Turbotax should provide a bit more guidance on where to make the adjustment.  (i.e. override line 2c in the Qualified Tuition Program (QTP) Computation of Taxable Distribution in the 1099-Q form.    Since Turbotax automatically subtracts box5 from box 1, you could in-advertently pay taxes on the scholarship.