- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Fidelity just called me and told me their back-office team would not update the incorrect 1099-Q for the transfer. The one that addressed to me (529 account owner) and used my SSN, instead of my son name and SSN (529 beneficiary and Roth IRA owner).
The Fidelity associate again told me for qualified transfer, I don't have to report the 1099-Q, and they don't report qualified transfer to IRS and do not have instructions to make the correction. I told him I will call Fidelity if I get flagged by IRS. LOL
‎January 22, 2025
4:26 PM