KrisD15
Expert Alumni

Education

Perhaps the program is taxing part of the distribution in order to "free-up" expenses for an education credit. 

An education credit is usually more valuable than the tax on the distribution. 

 

Look at your Form 1040 line 20 to see if there is a credit. 

 

HERE is how to preview your 1040. 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"