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October 13, 2024
Solved

529 withdrawal

  • October 13, 2024
  • 2 replies
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I entered the amount on the 1099q.  TurboTax lists it in schedule 1 as other income.   I entered my educational expenses from my 1098T forms into TurboTax.   They are more than the payment received on the 1099q.  But I don't see any of that expense reflected in the actual IRS forms.   Did I do something wrong?   Why does TurboTax show the 1099q amount as income on schedule 1?

    2 replies

    Employee
    October 13, 2024
    No text available
    Kevin381AuthorAnswer
    October 13, 2024