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calculation error in adjusted qualified expenses on 1099-Q form
I have spent hours on this double checking my work and I am almost certain there is an issue with the software. I enter the 1098-T information correctly with line 1) payments $64,099 and line 5) scholarships $46,059. On 1099-Q it carries over the calculation to adjusted qualified expenses to be $8040. It should be $18,040. As a result, it is saying I pulled too much from my 529 and is trying to tax me on $10,000.
This is further exasperated by the other known error of not being able to enter room and board through the interview process; I went in and manually used forms to enter room and board.
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‎February 4, 2026
11:05 AM