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Yes it states that  taxable non-tuition fellowship and stipend payments qualify along with wages, salaries, self-employment income. - for example box 1: $12000 and box 5: $20000.  Can I buy IRA for $6000 to lower my tax.  I tried doing that on turbo tax online, it increase my federal tax and not decreasing it.   Is something wrong with online turbo tax or I am not entering this correctly.

Q, The only way I can see is to neither report with 1099-Q nor 1098-T.  Is that "right"? A. Yes.  The 1099-Q and the 1098-T are only an informational document. The numbers on them are not required to be entered onto your (or your student's) tax return. The interview is complicated and it's easy to make mistakes. Avoid it if you can and you probably can.  You can just not report the 1099-Q, at all, if your student-beneficiary has sufficient educational expenses, including a ROTH conversion, to cover the distribution. When the box 1 amount on form 1099-Q is fully covered by qualified expenses, TurboTax will enter nothing about the 1099-Q on the actual tax forms. But, it will prepare a 1099-Q worksheet for your records (you don’t need it). You would still have to do the math to see if there were enough expenses left over for you to claim the tuition credit. You also cannot count expenses that were paid by tax free scholarships. References: On form 1099-Q, instructions to the recipient reads: "Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. You must determine the taxability of any distribution."  IRS Pub 970 states: “Generally, distributions are tax free if they aren't more than the beneficiary's AQEE for the year. Don't report tax-free distributions (including qualifying rollovers) on your tax return”. "IRS Publication 970, Tax Benefits for Education states: If the entire 1099-Q went to qualified expenses, room and board, tuition, etc; then, you do not need to enter the form."  Also be advised, there's currently a glitch in TT preventing you from entering room & board expense.  It's supposed to be fixed before the weekend, but hasn't happened yet. 

How many students do you have 1098-T forms for?   You may have created extra dependents and/or students on the return.    Use the Delete a Form instructions below to look through your form list and make sure there are not extra dependent and/or student worksheets in your return.  if you see extras, delete them and delete any extra 1098-T forms that were erroneously started.     How to delete forms in TurboTax Online    How to delete forms in TurboTax Desktop

 When you  see a blank box with a red outline, you must create a new royalty asset by typing something like:   “Oil royalty – XYZ lease” “Gas royalty – ABC well” “Mineral rights – Smith property” “Book royalty – Title of book” “Music royalty – Song name”    

Thanks @RobertB4444 . I assumed that I have to select Corrective distribution box only  when I have to report a corrective Roth excess distribution manually (before getting a 1099-R) Please confirm if you meant that I would still have to check this box even after uploading 1099-R that I got from Fidelity for the contributions I made in 2025 , for 1025 and withdrew that +interest in 2025. 

Thanks for the great info.   Not meaning to argue, but I'm just having a hard time getting over the semantics here - Is it a refund  or not?   According to the NY Tax site   https://www.tax.ny.gov/pit/inflation-refund-checks.htm   "The 2025–2026 New York State budget provides for the state’s first-ever inflation refund checks.  These one-time payments provide relief to New Yorkers who have paid increased sales taxes due to inflation"   So NY decided to charge us less sales tax.  So they gave some of it back.  How does that entitle uncle Sam to dip his hand into our pockets.      Maybe NY botched it by issuing a 1099 ?

This indicates that TurboTax is making the connection, but something is blocking the data transmission, although some institutions don't have the import-ready forms available yet.     Here's some things to try:   Make sure your broker accounts are 'third party enabled' Disable anti-virus/VPN while importing Use an incognito window Clear Cache and Cookies between attempts   @KE149 

I receive the same error. However it was due to Boxes 2 and 3 not adding up to Box 1 total, but the numbers do actually add up correctly. I cannot proceed in TurboTax until the error is fixed. Unfortunately there is no error. How can I address this besides starting a new tax return from scratch?

TurboTax gets no information from the IRS after you file your tax return. TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer.  “21 days”  is not a promise from TurboTax or the IRS.      First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.     You need your filing status, your Social Security number and the exact amount  (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds   To track your state refund:     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr   If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh . https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst         If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act.  Do not expect your refund before early March   https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US   Note:  “Accepted” is not the same as “approved”.  TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing.   Only the IRS can approve of the refund, which is a later stage of processing.  If the IRS approves your refund they will provide a date for the refund to be issued.   FROM THE IRS WHERE’S MY REFUND SITE: https://www.irs.gov/wheres-my-refund How it works Where's My Refund shows your refund status: Return Received – We received your return and are processing it. Refund Approved – We approved your refund and are preparing to issue it by the date shown. Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.    

YES, I have the same problem to see that TurboTax connected to my financial institution and asking me to consent with the data, linked, but data does not show up in INCOME. This is a serious TurboTax BUG!