- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099-Q
My son received a 1099-Q for his withdrawal from his Coverdell Account. The form only shows the distribution amount in box #1. Box #2(earnings) & Box #3 (basis) are empty. The amount of the distribution was the total amount of his tuition paid. Does he even need to enter the 1099-Q on his tax return. If he does how do I determine what these missing boxes should be.
Topics:
‎February 16, 2023
3:24 PM