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Level 3
February 28, 2021
Question

Edvest Earnings

  • February 28, 2021
  • 1 reply
  • 11 views

I entered the information from a 1099-Q that WAS NOT used for education, so the earnings should be taxable.  The result is that nothing appears on the return as taxable after entering this information.  I tried putting nothing, a -1, and $10 in the tuition line item and nothing changes.

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1 reply

George4Tacks
Level 15
February 28, 2021

Try these two entries

Higher Education ....                   -1

Elementary and ....                     -1

Lacerte is WIERD, blank is nothing, 0 is nothing, -1 is zero

Answers are easy. Questions are hard!
Brink18Author
Level 3
February 28, 2021

Thanks George, but I did try that and still nothing.

George4Tacks
Level 15
February 28, 2021

what were your entries? This generated $2,000 income

Answers are easy. Questions are hard!