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Recipient is not designated beneficiary - 2020 Turbotax still not calculating correctly.
I am the parent and my name is listed as the recipient on the 1099-Q but all the distributions were for my daughters college tuition. When I select myself as the recipient and my daughter as the student, the turboxtax software still defaults to the higher taxes. If I select my daughter as the recipient, then the associated tax goes away. Can turbo tax software team fix this issue?
March 21, 2021
2:20 PM