- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Entering 1099-Q in Turbo Tax
Do I need to enter this in the income area of Turbo Tax if the distribution was all used for qualified college expenses? When I do enter it my tax due goes up dramatically as though I am paying taxes on the gains. My understanding is that there is no tax due in my circumstances, hence I intend not to enter the 1099-Q in Turbo Tax and just keep for my records
‎February 25, 2026
10:34 AM