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Education
@ccchlfields @NCperson Room and board are qualifying expenses for a 529 distribution. Assuming she has at least $2966 in room and board (even if she lives at home), none of her scholarship or 1099-Q is taxable, as both are covered by enough qualified expenses.
She only needs to file a return to get her $445 withholding back. She should not enter either the 1098-T or 1099-Q, in Turbotax. Both are only informational documents and do not have to be reported. Entering them is only going to get confusing. We already know they are not taxable.
‎February 4, 2020
4:31 AM