shf1957
Level 7

Please help me, I am pulling my hair out   Have a dad with 2 children in college.  He has 2 1099q one in his name and one in his daughters name for her college.  The other child is a son and has more of a scholarship than the tuition and no 1099Q'

I 've had this over 3 weeks.. and keep doing it and getting different balances on the return.     Please help me ... I am trying so hard to follow this in steps.. and one time they owe 5200 and another time 429    somthing is wrong.

I put in the 1099Q on one  click it to her 1098t    then i do the next 1099Q click that to the same 1098t   then it shows on his 1040 a gain off the 1099Qs as being  a figure.  and I take the difference and minuis it from her tuition amount for the 1098T and it then shows a totally different amount of the Q as being taxable then the amouint i used to subtract  it initially

Please find it in your heart to help me,  I 've been doing this one too long and am so confused and maybe over worked.. i just don't get it.

 

 

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