Thanks for such a comprehensive response. Now I have to digest it all....but one more question. You mention Box 1 on 1099-Q and how turbotax treats it. When I originally entered the 1099-Q it put the earnings in Box 2 as income on the return which is what prompted me to ask. The distribution amount and the expense on the 1098-T were the same...he only had $200 more in expense for books.
The other issue is Turbotax after going through the easy steps said I could not claim him as dependent. He earned too much and only a part time student. Which is correct? He lived at home 6 months out of 2021 due to COVID but attended school then did an internship last half of year in another state. Confused about dependent or not? He was under 24 years of age in 2021. Should I enter info different in Turbotax? Need a bit more clarity. Thanks
