If you enter a 1099-Q the program is looking for income to tax. The question becomes, is there a taxable distribution or did all of it go to qualified expenses like room and board along with educational expenses?
- If it is not taxable: IRS Publication 970, Tax Benefits for Education states: If the entire 1099-Q went to qualified expenses, room and board, tuition, etc then you do not need to enter the form. Tuition paid for the first 3 months of the next year also qualify, see page 12, What Expenses Qualify, and page 52 for qualified distributions.
- If it is taxable, you should enter the form. You will need to enter the qualified expenses. Be sure to select that you had expenses other than tuition - if you covered room and board.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
