Education

Well the update today allowed me to enter room and board expenses. After doing that the figure for total expenses on the interview summary was correct but the expenses on the 1099-Q worksheet in forms was exactly $10,000 less. I added one dollar to room and board to see what would happen and sure enough on the form it went up by one dollar minus $10k. This results in TT still thinking some of my 529 distribution is taxable and none of it should be taxable.

 

I'm going to just delete my TT file and start all over and see what happens.

 

In another thread I saw someone complaining that all looked good until they e-filed and then TT removed the expenses again. I can't verify that but I would say be very careful before you file and make sure TT isn't creating taxable income it shouldn't be.

 

Aaaargh.