grandpa11
New Member

1099Q

I am a grandparent with 529 plans for each of my grandchildren.  I received a 1099Q as the recipient of the distribution but my grandchild is the beneficiary. I give the distribution to the grandchild and it is used 100% for education expenses.  how do I report the 1099Q without having a tax liability which I should not given the use of the distribution for ed exp?