- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099-Q in Error?
I requested withdrawal for a nonqualified expense from my child's 529 plan for an emergency that turned out to not be needed. After the transaction occurred, I called to cancel the transaction which was successfully completed. A 1099-Q was still issued, even though the funding was reapplied to the account/funds, and I cashed no checks. Is this correct since the funds were returned to the account/funds by representatives of the plan?
Topics:
‎February 19, 2024
11:59 AM