Hal_Al
Level 15

Education

@AmyC  said "The actual forms go to the IRS, not the worksheets. The forms just have the totals."

 

 

 When the box 1 amount on form 1099-Q is fully covered by expenses or by a complete rollover, TurboTax will enter nothing about the 1099-Q on the actual tax forms.  But, it will prepare a 1099-Q worksheet for your records, in case of an IRS inquiry.  

On form 1099-Q, instructions to the recipient reads: "Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. You must determine the taxability of any distribution."