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Amount Used to calculate Education credit or Deduction?
We received 1099Q $21,000 and 1098T $14,000. Our son has room & Board $7000, Computer $1500
How do I put the amount in "Amount Used to calculate Education credit or Deduction"? TT wants me to try different values between $1,500 and $4000, then recalculate to see what produces the best result. When we put $4000, we got the best result (more refund) but I am concerned why TT let me put any different values. How to handle this?
‎February 20, 2020
3:01 PM