Turbotax 2023: how to report qualified K-12 tuition education expenses after entering 1099-Q distribution from 529 plan?

Forum|Forum|1 year ago
April 13, 2024
1 reply
0 views

I received a 1099-Q for a 529 distribution that I used for a beneficiary's K-12 private school tuition, which is a qualified education expense. I entered the 1099-Q information and the private school information into Turbotax 2023, but I don't see where to enter the private school tuition information. In prior year's versions, I was able to find it and enter it, but not in 2023. Does anyone know how to do this?

Hal_Al

Employee

For K-12, you enter tuition in the 1099-Q section, not in the "Educational Expenses and Scholarships section". After entering the 1099-Q, a screen will ask what level of school did the student attend. You must answer high school or elementary (K-12 isn't a choice) to get the screen to enter expenses.

But, you probably don't need to enter anything. The 1099-Q is only an informational document, if you know it's not taxable, because you tuition was equal to or more than (up tp $10K) the distribution, you do not need to enter the 1099-Q.

On form 1099-Q, instructions to the recipient reads: "Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. You must determine the taxability of any distribution."

taxi11Author

Thanks for your reply.

After I enter the 1099-Q, I do not get a screen that asks what level of school the student attended. Instead, I get a screen that says, "If X incurred education expenses in 2023 be sure to visit the education section of the program to enter the expenses." But then when I go to that section, I do not see a place where I can enter K-12 private school tuition expenses.

So I will opt to not file my 1099-Q, as you suggested.