dfell12
New Member

Education

Ugh. I have spent the last two hours dealing with this. My son had some income in 2020 so we used TT to work on his returns which asked for the 1099-Q info (of which he is the beneficiary because Fidelity paid the school directly) but it prevented him from entering college expenses because he is a dependent on our taxes. The result was that he had an additional "$2,000" in income that he owes taxes on according to TT - which makes no sense at all.