KrisD15
Expert Alumni

Get your taxes done using TurboTax

The calculation is based on earnings times expenses divided by distribution, so you might enter the 1099-Q and expenses so the program can do the math. 

If you are comfortable doing the calculation on your own, you can just enter the result as the taxable income the student needs to claim. 

 

There is more information and explanation in IRS Pub 970 page 52

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"