JFW3
Level 3

Get your taxes done using TurboTax

It's lazy programming by Turbo Tax and maybe they will adjust it in time.  For 2024, the consistent answer from Turbo Tax is not to input the 1099-Q.  And yes, it would be handled on your daughter's taxes, which makes it more difficult because the Roth account owner will need to confirm with the 529 account owner that it is a qualified distribution.  The Turbo Tax community helps with the work-around (i.e., not inputting).  There are a couple of other instances with TT taking a lazy programming route.  I use TT Business to complete a trust tax return and they do not have a form 1099-OID in the program.  The answer is to adjust the 1099-INT to reflect the original interest discount (OID) shown on 1099-OID.  Why not just have a 1099-OID form like they have in the personal tax return package.  I've started an excel spreadsheet to double check TT.  I've found too many instances if one does not know what to expect for taxes, the answer may be incorrect (and some have been user input error!  And in my defense, a checkmark on some seemingly random box could make a big difference.)