Student loan repayment from 529 account

[Laura Bonnington]

I reported the allowed amount I took from my 529 account to pay my student loans, but after importing the information under Deductions & Credits --> Educations --> ESA and 529 Qualified Tuition Programs (1099-Q) I am still being taxed. Is there something I'm missing? Or is the software experiencing an error? 

Thanks so much! 

[MayaD]

The amount of distributions for loan repayments of any individual is limited to $10,000 lifetime.

irs.gov

If the distribution on form 1099-Q doesn’t exceed the amount of your student loan repayments, then you don't have to report the distribution on your tax return.

Delete form 1099-Q:

How do I delete a tax form in TurboTax Desktop?

[Laura Bonnington]

@MayaD Thank you! Just to confirm, since I did not exceed $10,000.00 I do not need to report my 1099-Q form at all? I can delete the form all together? 

[MayaD]

That's correct, you can delete the form. 

@laura Bonnington

[Laura Bonnington]

@MayaD Thank you so much!