KrisD15
Expert Alumni

Get your taxes done using TurboTax

Yes, you can allocate expenses, scholarships and distributions. 

If you continue through the Education Section Interview, you will come to a screen that says "Maximize My Education Tax Break"

When you click that, the program does just that, allocate to give you the best bottom line. 

 

 

Below is a link to how the IRS discusses just this subject: 

Education expense allocation

 

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