Question
1099-Q Amounts Coming in Taxable - Where to offset with Expenses?
Taxpayer has 1099-Q totaling $60k and 1098-T totaling $30k
It is creating a taxable event since the 1099-Q is greater than the 1098-T, and there are some earnings on the 1099-Q.
Where do I enter additional expenses in ProSeries (i.e. room and board) to offset the income received from the 1099-Q to ensure it isn't taxable?
