KrisD15
Expert Alumni

Education

The only solution in your case is to enter the 1099-Q as three different 1099-Q forms into the TurboTax program. 

 

Going forward, I suggest you take the distributions in the child's (student beneficiary) name so that the institution WILL issue separate 1099-Q forms, one for each student. 

 

This is really the procedure you should be using in order to avoid confusion about the tax liability of the withdrawals. 

Making a transfer from the account directly to the school will also result in a 1099-Q issued to the student. 

 

 

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