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Education
TurboTax uses parts of your dependent's college expenses to claim the Tuition credit. That reduces the amount that can be used to claim the 529 earnings, shown on the 1099-Q, as being totally tax free.
For more detail, see: https://ttlc.intuit.com/questions/3742999-i-entered-my-1099-q-and-my-1098-t-to-show-i-used-the-money...
If your income is too high to be eligible for a tuition credit, see the TurboTax FAQ for a work-around. https://ttlc.intuit.com/questions/4451709-why-is-the-529-distribution-from-my-1099-q-showing-up-as-t...DEAD LINK
‎June 1, 2019
9:41 AM