470pitt
Level 3
03-11-2020
02:06 PM
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if a 1099q comes in the students ss number should he report it on his tax return and if so why is he being taxed on the earnings when all money was used for school
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Level 15
03-11-2020
02:08 PM
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could be you incorrectly entered it in the software. Need a lot more info to help
Level 15
03-11-2020
02:41 PM
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You didnt include what software youre using, but if its ProSeries, you need to scroll way down the Student Information Worksheet to part VIII and input how much was used for school.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
470pitt
Level 3
03-11-2020
06:05 PM
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he is being claimed on his parents return so should I fill out a student informational worksheet?
thank you
Level 15
03-11-2020
06:09 PM
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The 1099Q belongs on the parents return then.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪