dlt113
Returning Member

Education

Thank you for the reply.   I have follow-up concern.
I claim my daughter's college costs (tuition, room, board) as reported on the 1098-T.
The 1099-Q is soley my daughter's name.  So, I don't believe I would use a 5329 form

within my daughter's tax return.  The 5329 form would be included in my return, correct?

 

Also, TurboTax's guided entry does no as for details about the circumstances surrounding

the amounts in the 1099-Q.  It simply asks to input the values and calculates the $70 tax owed.
Self guided programming needs to be improved.