- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
There is an update coming to allow Room and Board to be entered in to the TurboTax program.
If a distribution was used totally for room and board expenses, you also have the option of leaving the 1099-Q out of the TurboTax program. The 1099-Q is only used for CALCULATIONS and if it was used for Room and Board, and therefore not taxable, it really isn't needed.
"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."
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
February 19, 2026
3:00 PM