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jhamucf
New Member

Need to find how to enter 1099-Q

The instructions in Turbo Tax do not match what is on screen.  How do I enter a 1099-Q
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2 Replies
Hal_Al
Level 15

Need to find how to enter 1099-Q

Do you really need to enter it?
Alternatively; 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. 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 cannot double dip!  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, in case of an IRS inquiry.
LinaJ2018
Intuit Alumni

Need to find how to enter 1099-Q

After reading Hal_Al, if you still need to enter the 1099-Q information, here are the instructions:

https://ttlc.intuit.com/replies/5113308

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