bstreit
New Member

Retirement tax questions

Something still not right. I have followed your instructions below. Because of my income level, I am NOT asked how much I want to apply to education credits. It tells me, I'm not eligible for any credits. That's fine. I'm just trying to make the distribution on the 1099Q non taxable as tuition paid exceeds the distribution.  So I looked at lines 17 and 18 of the worksheet. It had 10,000 entered as being used for credit or deduction. That then cause the next section to have an "excess" distribution, and makes part of it taxable. So I entered 0 in that box. It made the entire distribution non-taxable. Is that ok???