Watch out for 1099Q - Make sure you input expenses
on February 16, 2025
Posted by: MV98
Can be repetitive on foreign accounts and crypto. It's a real glitch with 1099Q&T's. It will generate tax even for the non-taxable tuition reimbursement because it doesn't know that the reimbursement is there. And, if you don't recognize that it made a mistake, you'll overpay. I had to go find out why it was creating tax.
My return is cut and dry. single, 0 dependents, no exotic income or expenses. Intuit getting overly expensive for my needs. will have to research alternate avenues for 2025 and beyond