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New Member
posted May 31, 2019 11:04:14 PM

Where do i enter 1099-q information

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1 Best answer
Expert Alumni
May 31, 2019 11:04:14 PM

Please follow steps below to enter 1099-Q:

  1. Federal Taxes
  2. Wages & Income
  3. Scroll down to Less Common Income
  4. Select Miscellaneous Income, 1099-A, 1099-C
  5. Select Coverdell ESA and 529 qualified tuition programs (Form 1099-Q)

Once 1099-Q is entered, be sure to visit Deductions & Credits>Education Expenses section for an education credit.

2 Replies
Expert Alumni
May 31, 2019 11:04:14 PM

Please follow steps below to enter 1099-Q:

  1. Federal Taxes
  2. Wages & Income
  3. Scroll down to Less Common Income
  4. Select Miscellaneous Income, 1099-A, 1099-C
  5. Select Coverdell ESA and 529 qualified tuition programs (Form 1099-Q)

Once 1099-Q is entered, be sure to visit Deductions & Credits>Education Expenses section for an education credit.

New Member
May 31, 2019 11:04:21 PM

You have to remember that Turbo Tax still does NOT know how to correctly deal with 1099Q forms. Your best way is to enter everything in the order they are asked for as mentioned earlier.


THEN go to "View forms" and find the appropriate "Student Info Wk" - that's the student information worksheet. I have no idea what Turbo Tax thinks it is doing with those forms so don't know how to tell you how to fix whatever TT does with them, but it will NOT get those forms correct, and, for whatever reason, Turbo Tax refuses to fix them.

However, the error will be down in Part VI - Education Expenses. Usually, TT will avoid adding any additional qualified expenses correctly in lines 2-12. But you never know quite what it is going to do.

This year, Turbo Tax took my Total Qualified expenses, and SUBTRACTED my tuition paid. That made my "Adjusted qualified expenses" smaller than my 1099Q disbursement, making me pay several hundred $ more in taxes.

Here's a clue Intuit. If my QUALIFIED EDUCATIONAL EXPENSES are $9,400, you don't have to subtract my tuition of $2,900 and pretend my educational expenses are $6,500, and claim that I have to pay tax on the difference between that $6,500 and my reimbursement of $9,000. I have absolutely no idea how Intuit made this decision, but you will have to manually edit lines 1-20 to get the correct number for qualified expenses. This is just a different version of the error Intuit has now had here for the past 7 years.