Education
Hi - I am currently working on MY tax return in TurboTax and have a follow-up question. Please advise. Thanks!
1. I did not enter anything for "Form 1099-Q" under "Deductions & Credits / Education" section in TurboTax.
2. Per your earlier advise, how do I apply the $5250 (from 1099-Q Box 1) to tuition, in TurboTax "Deductions & Credits / Education / Form 1098-T" screen, so that only $3000 is used for LLC? I enclosed a screenshot from TurboTax "Form 1098-T" screen for reference. As you could see, Box 1 states "Enter the exact amount that's in your form". So, I am bit confused as to how to adjust the Box 1 so that only $3000 is used for LLC.
