KathrynG3
Expert Alumni

Education

To remove the details, the entry in the Deductions & Credits, EducationESA and 529 qualified tuition programs (Form 1099-Q) section will need to be deleted.

  • Return to this section by entering 1099q in the search box and clicking the Jump to link. 
  • At Form 1099-Q Summary, click the trash can icon next to the amount to delete it.

The details must be entered on the tax return of the person whose social security number is on Form 1099-Q. If all distributed funds went to qualified education expenses, there is no tax.

 

To report this in TurboTax, the recipient listed on Form 1099-Q enters Form 1099-Q on the tax return.

 

For more information, see: Cash for College: Tax-Free 529 Plans - TurboTax Tax Tips & Videos.