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Education
"There is a screen in TurboTax that asks how you want to allocate your qualified education expenses between the education credits (e.g., AOTC) and your 529 plan (1099-Q) distribution"
I've never seen that screen. I have Deluxe desktop. Can you provide a screen shot? Is it new? Is it only available in online versions? How do you get to it? It's definitely something that is needed. What I have seen is a screen that called "Amount used to calculate education deduction or credit". It's usually pre-populated by TT, but the user can change it.
‎July 9, 2020
1:11 PM