Yes, this is the correct way to report the 529 Rollover to Roth for California. Since the tax-free rollover is for a beneficiary, it doesn't need to be reported on the recipient's federal tax return. Form 5498 is documentation for your records (along with the 1099-Q).
Unless a 1099-Q has taxable earnings for a non-qualified distribution, it does not need to be included in your tax return. Here's more info on Form 1099-Q.
You can Contact TurboTax Support and share screens with customer support at no charge.
@Mochina
[Edited 03/24/2026 | 9:22 am]
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
