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There was a bug. that wouldn't let you enter room & board, that fixed yesterday on desktop software and earlier for online users. You may need to update.
The 1099-Q (and the 1098-T) is only an...
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There was a bug. that wouldn't let you enter room & board, that fixed yesterday on desktop software and earlier for online users. You may need to update.
The 1099-Q (and the 1098-T) is only an informational document. The numbers on it 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 room & board (even if he lives at home) to cover the distribution. When the box 1 amount on form 1099-Q is fully covered by 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."
February 28, 2026
6:24 PM
Looks like I had to do Federal Review and it verified that my tax liability was correct for educational expenses. Prior TT years updated it in the 1098-T section when entering the educational expens...
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Looks like I had to do Federal Review and it verified that my tax liability was correct for educational expenses. Prior TT years updated it in the 1098-T section when entering the educational expenses (Room and Board).
February 28, 2026
6:22 PM
First, make sure that you understand that in the program and on the tax forms both the amounts your employer contributed to your HSA and the amount you contributed via payroll deduction under a Secti...
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First, make sure that you understand that in the program and on the tax forms both the amounts your employer contributed to your HSA and the amount you contributed via payroll deduction under a Section 125 Plan (also referred to as a Cafeteria Plan) are referred to as "Employer Contributions". To adjust the amount that is reported on your W-2:
Go to Forms View
In the list of "Forms in My Return" on the left, find a click on Form 8889.
Scroll down to "Line 9 Employer Contribution Smart Worksheet"
On line E, enter the amount of additional contributions made by your employer or deducted from your pay.
Note: If the amount in Boxes 1, 3, and 5 of your W-2 do not accurately reflect the amount of your HSA contributions via payroll deduction, the above will not correct that. The only solution for that is a corrected W-2.
February 28, 2026
6:22 PM
If your only income is SSI, you do not need to file a federal tax return. Texas does not have a state income tax so there is no return to file.
February 28, 2026
6:21 PM
Como puedo comparar mi reembolso con alguien con un dependiente calificado
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February 28, 2026
6:21 PM
We own 11 timeshare weeks and in the years before huricane Ian we rented out 6 of those weeks.
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February 28, 2026
6:21 PM
Ok so I filed my taxes with TurboTax, all things there were fine, so I get my return on february 25th 2026, it gets deposited into my credit karma account, worst mistake of my life, so last year I ha...
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Ok so I filed my taxes with TurboTax, all things there were fine, so I get my return on february 25th 2026, it gets deposited into my credit karma account, worst mistake of my life, so last year I had problems with credit karma but it wasn't as horrible as what I'm going through with them now, so my tax return, $10,664 hit my credit karma account feb 25th, well I log into my account and I can see my balance, but I can't do nothing because I don't have my debit card, well after I filed jan 27th or so, I contacted ck to get a replacement debit card, they sent me one, and on feb 25th when I accessed my ck account I tried to activate my card, they wanted to verify my identity, I thought ok let's do this, well no I have an old phone number on the account, and since trying to verify my identity they froze my account, because they wouldn't accept my documents, I went into Mt dept. Of justice got a replacement id they won't accept that, and completely locked me out of my account and I can't even see my balance now, they don't got a number to call and talk to anybody, just chat and they don't have any information or way to contact the 3rd party verifier company that they use, or can't tell me why my documents are not being accepted so here I am four days after my return hit my account, I can't even see it now, this is unreal really, if I was TurboTax I would seriously think about partnering with a different bank because this is horrible the worst thing ever and now I don't know if I'll ever see my return or be able to access my account, I can't even close my account, change my number, unfreeze my account, activate my new debit card, nothing without verifying my identity, I didn't need none of this last year when I got my taxes.
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February 28, 2026
6:20 PM
It depends- if you have Medical Leave Payments on your paycheck, you paid some or all of the premiums so the benefit is not taxable income on your federal return- but you will have to determine the t...
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It depends- if you have Medical Leave Payments on your paycheck, you paid some or all of the premiums so the benefit is not taxable income on your federal return- but you will have to determine the taxable amount based on your contribution versus your employer contribution. Note: this is on contrast with Family Leave benefits (for bonding or caring for a family member)- in general these are taxable and the state issues a 1099-G for the payments.
February 28, 2026
6:20 PM
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February 28, 2026
6:19 PM
Here's a post on the five main points on the 1098-T:
https://ttlc.intuit.com/community/college-education/discussion/re-what-do-i-do-with-form-1098t/01/3760212#M63114
February 28, 2026
6:17 PM
You said "scholarships were only used for qualified education expenses".
Scholarships that pay for qualified educational expenses (QEE - tuition, fees, books and other course materials) is tax fr...
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You said "scholarships were only used for qualified education expenses".
Scholarships that pay for qualified educational expenses (QEE - tuition, fees, books and other course materials) is tax free. Scholarship amounts that exceed QEE is taxable income, on the student’s tax return. Room & board are not QEE.
If box 5 of the 1098-T exceeds box 1, TurboTax (TT) will treat the difference as taxable income, unless you enter additional QEE at books and other expenses.
If you are entering the 1098-T, on your return, TT will advise you that your student has taxable scholarship income to be reported on his/her return. It will not (and should not) enter the taxable scholarship on your tax return.
February 28, 2026
6:17 PM
When you do a QCD (Qualified Charitable Deduction) from your IRA you tell your fiduciary how much and to what charity part of your withdrawal is being donated. Your fiduciary sends the donation dire...
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When you do a QCD (Qualified Charitable Deduction) from your IRA you tell your fiduciary how much and to what charity part of your withdrawal is being donated. Your fiduciary sends the donation directly to the charity or may send you the check made out to the charity for you to send to the charity (Vanguard does that). When you report your 1099-R you tell the program how much of your IRA is the charitable donation and the program includes in your income only the amount not contributed to the charity. So in effect the donation decreases your AGI.
February 28, 2026
6:16 PM
1 Cheer
This is not working for me and it's starting to drive me crazy! I even deleted my HSA documents entirely, but when I started the interview again, I wasn't asked about contributions, and it carried fo...
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This is not working for me and it's starting to drive me crazy! I even deleted my HSA documents entirely, but when I started the interview again, I wasn't asked about contributions, and it carried forward an incorrect amount I previously entered. I've used TurboTax for years and never had this happen. Something is wrong: I'm not being reprompted to enter my personal HSA contributions. I also can't find a granular way to delete the amount from Box 13 of Form 1040 (from form 8889).
February 28, 2026
6:16 PM
Use these steps to downgrade your TurboTax Online product to a less costly or free edition:
Open your return if you haven't already.
In the left menu, select Switch Products.
Select...
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Use these steps to downgrade your TurboTax Online product to a less costly or free edition:
Open your return if you haven't already.
In the left menu, select Switch Products.
Select Downgrade.
Note: TurboTax Free Edition is for customers who are filing Simple Form 1040 Returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Roughly 37% of taxpayers qualify. If you have additional forms or attachments, you’ll need to use a different TurboTax product.
You can also clear and start over to switch to a different product. This option erases your information to give you a fresh start in the new product you've chosen.
^ TurboTax FAQ - How do I downgrade to a different TurboTax Online product?
Learn more: What qualifies as a simple tax return for TurboTax Free Edition?
February 28, 2026
6:14 PM
1098-T plus education expenses equal to 1099-Q but TT is calculating I have a larger tax liability. Prior TT years this was not the case. Is there a bug?
February 28, 2026
6:13 PM
Hi, Is it correct that if on the paycheck we have a deduction of WA Paid Medical Leave, we do not need to pay tax on received medical leave benefits (payments)? I was reading some old post. And i...
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Hi, Is it correct that if on the paycheck we have a deduction of WA Paid Medical Leave, we do not need to pay tax on received medical leave benefits (payments)? I was reading some old post. And it looks like so, so I want to double check if this is still the case?
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February 28, 2026
6:13 PM
Sale is long-term (Box E) and cost basis is higher than proceeds so there is a loss associated
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February 28, 2026
6:12 PM
I am a resident of Indiana, where my wife and I own a home (for 12 years). I work in Illinois (Chicago) and spend the majority of my time there throughout the year. I have an apartment there for th...
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I am a resident of Indiana, where my wife and I own a home (for 12 years). I work in Illinois (Chicago) and spend the majority of my time there throughout the year. I have an apartment there for this purpose. We pay mortgage interest and property tax on the home, as it is my (our) "primary" residence. Is there any way for me to claim the rent I pay in Illinois as a deduction on either the Federal form or one of the state forms I have to file (Indiana or Illinois)?
February 28, 2026
6:11 PM
The senior deduction in Turbotax Home and Business for 2025 still does not have the correct deduction as of today Feb 27, 2026. When is it going to be corrected?
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February 28, 2026
6:11 PM
I found with y'all a long time ago for my disability taxes
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