Yes, I sched 3 line 3 has $2,000. Line 29 of the 1040 is $0.
I have a form 8863 Education Credits form part 2 filled out. Line 19 is $2,000. Line 31 of Part 3, Lifetime learning Credit is $10K.
Form 1099-Q line
16: 12,699
17: 9,268
18; 2,702 Where does this come from?
19: 1,972 Where does this come from?
20: 7,296
23: 7,296
Form 1040 line 8
$7,296
This is my first year in graduate school. Am I eligible for the Lifetime Learning Credit? Is taking this somehow causing my 529 distribution to be counted as income?
Thx for the help.
