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Proseries Users - 1099-Q in two areas

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    Proseries Users - 1099-Q in two areas

    I am using proseries tax software and has 1099-Q (Box 1,2,3) as well as 1098 T (Box 2)

    I was entering 1098 T and also completing new worksheet - "Student info Worksheet".
    In, Student info Worksheet-Part VIII, program is asking for sec 529 tuition info.

    Same info is also entered in 1099-Q form as part of 1098 - T screen.

    Do you need to complete both areas for same info?
    If I do, I get less credit!

    I wonder if any one has such experience or am I doing something wrong?

    Thanks!

    #2
    Step one should be to determine how the interaction between the credits and the distributions work. Then figure out how to code the software.

    See here: http://www.irs.gov/publications/p970/ch08.html

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