AmyC
Expert Alumni

Deductions & credits

The program vs tax forms. At the end of the day, after room and board and tuition expenses are taken, you want to claim $4k as income and $4k as college expenses. As long as the bottom line is correct, the taxes and the credits, that is the goal.

 

You could delete the  1099-Q from it's official location and instead input the $4k under miscellaneous income with a description of 1099-Q.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"