MindyB
Expert Alumni

Get your taxes done using TurboTax

Form 1099-Q is informational and not a required entry if the educational expenses exceed the distribution. If you spent the entirety on educational expenses, you can remove the 1099-Q.

 

You should keep the 1099-Q for your records.

 

Here is some more information on 529 plans: 529 Plans and Taxes: Deductions, Tax-Free Withdrawals & More