https://ttlc.intuit.com/community/retirement/discussion/i-am-doing-my-1099-r-and-i-was-told-that-since-my-early-withdraw-was-for-my-son-s-college-that-i/01/655347#M62349 Thu, 06 Jun 2019 09:06:52 GMT lweston1973 2019-06-06T09:06:52Z https://ttlc.intuit.com/community/retirement/discussion/i-am-doing-my-1099-r-and-i-was-told-that-since-my-early-withdraw-was-for-my-son-s-college-that-i/01/655347#M62349 Thu, 06 Jun 2019 09:06:52 GMT https://ttlc.intuit.com/community/retirement/discussion/i-am-doing-my-1099-r-and-i-was-told-that-since-my-early-withdraw-was-for-my-son-s-college-that-i/01/655347#M62349 lweston1973 2019-06-06T09:06:52Z https://ttlc.intuit.com/community/retirement/discussion/yes-you-can-use-the-cost-of-the-tuition-for-the-purpos/01/655356#M62350 <P>Yes, you can use the cost of the tuition. &nbsp;For the purposes of the 10% additional penalty exception, higher education means costs of tuition, fees, books, supplies and equipment to a post secondary school (college, university, vocational schools) eligible to participate in a student aid program administered by the U.S. Department of Education.&nbsp;&nbsp;It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) post secondary&nbsp;institutions.&nbsp;</P><P>Once you enter the 1099-R, the program will ask you about exceptions to the 10% penalty.<BR /></P><P> <B>Remember, the distribution is still likely taxable, but there will be no 10% penalty.</B> </P> Thu, 06 Jun 2019 09:06:54 GMT https://ttlc.intuit.com/community/retirement/discussion/yes-you-can-use-the-cost-of-the-tuition-for-the-purpos/01/655356#M62350 Ashby 2019-06-06T09:06:54Z