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Education
Thanks for your response, I prepared two tax returns using Turbotax Premier Desktop yr 2021.
Return #1 I did not enter the 1099Q and 1098T and $0 Room and Board.
Return #2 I entered 1099Q, 1098T, and $$ for room and board.
Turbotax that yielded the same results for both tax returns.
I see now that for return #2 one loads 1099Q and 1098T.....and must complete the last section labeled "education information" for this return #2 to calculate the refund correctly. In my case the 529 plan distributions are less than the eligible education expenses so its best to not enter the 1099Q & 1098T to save time.
‎February 7, 2022
11:35 AM