Cruise2024
Returning Member

QTP Qualified Tuition Program computation of taxable distribution Line 3b

After entering 1099-Q for QTP, a calculation is made for "regular tax" resulting in taxable income from a Qualified Tuition Program.  This taxable income then flows into 1040, Schedule 1.  This should not be taxable income--the tuition expenses per 1098-T meet or exceed the distribution from the QTP.  Does anyone know why this calculates an income?  Or is this a glitch in the coding?