I’m a med student with very little earned income and only a small tax liability (due to dividends) of approximately $350. My tuition for 2023 was $85K and I received a tuition scholarship of $15K. I used a 529 to pay for the remaining $70K of tuition. When I enter my 1099-Q and 1099-T, TT is telling me that I don’t qualify for the LLC (even though the IRS decision tree says I should) and it’s treating my $15K scholarship as taxable. I’ve tried playing around with entering other expenses like room/board and books, and deleting the 1099-Q altogether (based upon prior forum recs), but no matter what, it doesn’t change the outcome. Seems like it may be a TT glitch or I answered a question wrong, although I can’t figure out where? Any suggestions would be greatly appreciated.
