- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I got a single 1099Q for disbursements from two 529 accounts for separate beneficiaries. How do I enter this in Turbotax?
As the title says, the single 1099Q I received covers qualified disbursements to cover tuition for two different beneficiaries. Turbotax appears to only allow me to select one beneficiary per 1099Q. How should I enter the correct information? Should I split my 1099Q into two separate ones in Turbotax, or should I select one beneficiary and simply add up the expenses as if they were all for that child?
‎January 27, 2021
4:32 AM