Q. Is there some place to enter qualified private school (K-12) tuition?
A. Yes.
After entering the 1098-Q, you'll reach a screen titled "Form 1099-Q Summary". It appears that your done, but you're not. But, press the Done button. The next screen asks "What level(s) of school did this student attend in 2024". When you select high school or elementary, two screens later you will get a screen to enter your expenses, tuition listed first.
But, as MindyB said, just don't enter the 1099-Q, if you know it's not taxable.
When the box 1 amount on form 1099-Q is fully covered by expenses, TurboTax will enter nothing about the 1099-Q on the actual tax forms.
References:
- On form 1099-Q, instructions to the recipient reads: "Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. You must determine the taxability of any distribution."
- IRS Pub 970 states: “Generally, distributions are tax free if they aren't more than the beneficiary's AQEE for the year. Don't report tax-free distributions (including qualifying rollovers) on your tax return”.
