KrisD15
Expert Alumni

Education

You can ask the school to issue a 1098-T, that way the cost for the study abroad can be entered.

OR

If you know that you are allocating the distribution to the study abroad program, don't enter the 1099-Q and don't enter the corresponding study abroad program expense. 

 

According to the IRS:

“Generally, distributions are tax free if they aren't more than the beneficiary's adjusted qualified education expenses for the year. Don't report tax-free distributions (including qualifying rollovers) on your tax return.”

IRS PUB 970 Page 52

 

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