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Why is Section 529 QSTP Gross Distribution from 1099-Q showing as Miscellaneous Income if it is offset completely by Education expenses?
I entered Section 529 QSTP 1099-Q in Miscellaneous Expense. Every penny was used for Qualified Education Expense. Yet, the entire Gross Amount is shown as Miscellaneous Income (Not even just the Earnings piece). Why? Also I have read other responses to this question in the Community that says if Distribution was entirely for Qualified Education Expense, don't enter 1099-Q at all in TurboTax. What do I do???
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‎June 4, 2019
4:05 PM