MarilynG1
Employee Tax Expert

Get your taxes done using TurboTax

If you received a 1099-Q and the entire distribution was used for qualified education expenses, you don't need to enter it in your return.  You could still qualify for an Education Credit if Box 1 on your 1098-T is larger than Box 5.  

 

If this applies, delete your 1099-Q entry.  If Box 5 is larger than Box 1 on a 1098-T, the excess grant/scholarship amount is considered taxable income, unless you add other qualifying expenses that offset it.  If you're not claiming an Education Credit, you don't need to enter your 1098-T in TurboTax, either.  However, the excess scholarship amounts above qualifying education expenses should still be reported as taxable ...

 

Here's more detailed info on Form 1099-Q and Form 1098-T.

 

 

@RQUIAMZON 

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