- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099-Q seen as taxable
When I enter the 1099-Q amounts into TurboTax it is being recognized as taxable income. There is a section to enter expenses for "elementary and secondary" education but not for higher ed or college expenses. As a trial, I entered the college expenses into the "elementary and secondary" section and it zeroed the tax out. What should I do to make sure the expenses are being viewed as qualified educational expenses for college?
March 25, 2022
12:03 PM