AmyC
Expert Alumni

Education

No, do not enter it. If you enter the form, the program assumes you have a tax liability and starts looking since it should not be entered if there is not a tax liability.

IRS Publication 970, Tax Benefits for Education states:

If the entire 1099-Q went to qualified expenses, room and board, tuition, etc then you do not need to enter the form. Tuition paid for the first 3 months of the next year also qualify, see page 12, What Expenses Qualify, and page 52 for qualified distributions.

 

It becomes more emphatic on Page 45: Don't report tax-free distributions (including qualifying rollovers) on your tax return.

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