Thanks!
On the Turbotax software, when completing form 1099Q section, the options available are a. Childs name, b. someone else not listed here, c. This distribution was not used to pay any education expenses.
When I select option c., it assumes that all of the distribution was non-educational, so form 5329 line 5 shows the full amount as does line 6. I would have expected line 6 to be the amount that is not subject to the 10% tax and so line 7 is higher and the 10% is higher. I used H&R block last year, and it calculated correctly. I just switched over to Turbotax after a while to try it out.
Regards,
Jvarghes
