Solved

I have entered my 1099-Q for money from children's 529 to pay for K-12 education but where do I enter the qualified K-12 tuition?

No text available

Best answer by mglauner

Neither the 1099-Q nor the K-12 Education Expenses need to be entered into TurboTax.

If the 529 distribution was used entirely to pay for qualified education expenses for your elementary student, it is not taxable.

Since education expenses for K-12 are not eligible for an Education Credit, just keep records of expenses you paid with the 529 distribution.

Click this link for more info on Costs for Private Schools.

[Edited 03/24/2020 | 11:47 AM]

Neither the 1099-Q nor the K-12 Education Expenses need to be entered into TurboTax.

If the 529 distribution was used entirely to pay for qualified education expenses for your elementary student, it is not taxable.

Since education expenses for K-12 are not eligible for an Education Credit, just keep records of expenses you paid with the 529 distribution.

Click this link for more info on Costs for Private Schools.

[Edited 03/24/2020 | 11:47 AM]

I remember entering my Elementary school childrens' expenses like this in 2018 but I did not see this in the 2019(current year) turbo tax.

Did something change?

1 reply