Hello- My wife and I earned $162k last year. As I continued through the TURBOTAX program and after entering what we thought was all the correct info, it said we do not qualify for any tax breaks. We are putting twins through college and paid for the room and board, had some scholarships and borrowed the rest. We have not made payments on any loans yet. Are we in fact not eligible for a tax break? Did i enter the info wrong? should the 1099Q info and 1098T info be filled out on their tax return not ours? We cashed out a small Coverdell acct for each of them.
