I completely understand and agree with the user who received a single 1099Q with 16 entries about 16 funds when she transferred the funds to another institution. My wife and I did the same thing in 2020, and received a single form 1099Q with 14 entries (five grandchildren). We were moving through the separate accounts, typing them in. Then Turbo Tax decided to limit the number of entries to ten accounts. Bad programming. Please fix it.
I think I understand the point that since we have transferred these accounts fully to another institution and there is no tax consequence, we don't have to be too concerned. We'll double up multiple accounts on the Turbo Tax entries. But this is not good, and Turbo Tax should fix it.
