mpantelic
Returning Member

I believe that there is an error in the TurboTax QTP computation of taxable distribution on the 1099-Q worksheet.

On the 1099-Q worksheet (line 2c) it appears to have subtracted the 1098-T scholarship amount (box 5) from the tuition paid (box 1) and uses that as the "adjusted qualified expenses applied". This renders a large amount taxable which should not be.