Hello,
I would appreciate if somebody can help me. In my case I received 1099-Q in my name while the 1098 -T is in my daughter's name since she attended the graduate school. Moreover she is not a dependent on my tax return.
Under these conditions when I enter the forms 1099-Q and 1098-T my Federal Tax due bill increases significantly since TurboTax thinks I got the 529 distribution as an income though in reality I paid this distribution for my daughter's graduate school tuition payment.
I am in the process of completing the returns and now stuck up.
Any help will be greatly appreciated.
Thanks,
Krish
