kta_NC
New Member

Get your taxes done using TurboTax

I was glad to find this thread because I independently found the same issue and found the only way to correct it was to update the form directly (Student Info Wk, part VI). But, even after updating the form and saving the file, when I re-open the file the "other expenses" revert to zero.  

 

More details:  My income is too high to qualify for the credits so I'm just trying to enter expenses to counter the 529 withdrawal.  But, until I changed it in the worksheet, Part VI line 19 was populating 10,000 as "used for credit", which was then reducing my Total qualified expenses - so I was getting his with not being able to enter room and board, as well as an extra $10k!  

In the form, I updated part VI line 6 (room and board) and changed line 19 (used for credit) to zero and have the correct calculation.  But, if I close and re-open the file, the room and board  entry reverts to zero (although the "used for credit" does not revert).