JillS56
Expert Alumni

Education

Yes, the best way to report the excess 1099-Q on your daughter's return is to report the income amount (only) can be entered as "Other Income" with the description SCH (for scholarship income) or 529 for distribution. The amount (only) may also be entered in the student's education section in TurboTax. 

 

Use the prior response to calculate the amount of excess 1099-Q and then enter the income amount under Other Income on Schedule 1 Line 8z and for the description enter "Excess 1099-Q".