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Education
Yes, room and board are qualifying expenses that can be paid with 529 funds. First enter the 1099-Q, under 529 distributions. Then enter educational expenses, at the ed expense section, including room & Board. TurboTax will apply it to the 529 distribution.
To get the screen to enter Room & Board, answer yes when asked if you paid for Books or Materials to Attend School?
For more information on what you can pay with 529 funds, see the following website: https://www.savingforcollege.com/article/what-you-can-pay-for-with-a-529-plan
‎June 5, 2019
11:52 PM