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Education
It doesn't seem to matter what order the 1098-T and 1099-Q data are entered. The amount distributed and reported on the 1099-Q is larger than the tuition and fees paid and reported on the 1098-T. Since TT doesn't allow me to indicate that the excess distribution was offset by a scholarship, it regards it as subject to the 10% penalty.
Any other ideas for me?
‎February 15, 2021
4:58 PM