- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
I entered the 1099 Q with my wife as the recipient for the 3500. The question was tell us the student who‘s education expenses were paid with the distribution reported on the 1099. I indicated this distribution was not used to pay any education expenses.
on the 1098 T I adjusted box one and box 5 to 3500. There are no other educational expenses in the return. Unfortunately I’m still getting the same result the system is calculating the 10% penalty on the game. Any other ideas?
February 14, 2022
5:22 PM