You're the best, Hal!
To answer your questions:
I entered the 1099-Q on my (parent's) return. I am the recipient and my student is the beneficiary. The 529 distribution was sent to my bank account and then I sent a payment to the college.
Student had income from a summer job but did not make enough to trigger the need to file a return. Scholarship is not restricted but for we are treating it as non-taxable so it went solely towards tuition fees ( in our calculations and that is how we entered it into TT) We didn't want to deal with kiddie tax etc. so we're okay with having a portion of 529 become taxable.
I am just trying to determine now how to best change the amount shown from $3970 to $2007 on line 8 of the 1040. Is the best option to do an override on the Form 1040/ SR 1040 Worksheet and keep my handwritten calculations if needed in the future? Thanks again!
