KrisD15
Expert Alumni

Deductions & credits

The Educator Expense deduction is not allowed if you took a 1099-Q distribution. 

 

According to the IRS:

"Qualified expenses are deductible only to the extent the amount of such expenses exceed the following amounts for the tax year:

 

The interest on series EE and I U.S. savings bonds that you exclude from income because you paid qualified higher education expenses,

Any distribution from a qualified state tuition program that you exclude from income,

Any tax-free withdrawals from your Coverdell education savings accounts,

Any reimbursements you receive for expenses that aren't reported to you in box 1 of your Form W-2."

 

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