MarilynG1
Expert Alumni

Education

@Jill21 If your 529 distribution does not exceed qualified Education Expenses, you may not need to enter it in TurboTax.

 

Click this link for more info on 1099-Q.

 

You will need to figure out what 'Other Education Expenses' (books, fees, etc.) to add besides the Tuition shown on the 1098-T.  Room and Board can only be paid with 529 funds. 

 

As long as Box 1 is a larger amount than Box 5, you should be eligible for an Education Credit.  TurboTax is looking for 'out of pocket' expenses to make you eligible for the credit. 

 

Click this link for info on How to Enter a 1098-T

 

This Education Credit Calculator may help you. 

 

You can also request a Line by Line Review, since we can't see your return in this forum. 

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