Q. Does Fidelity (which maintains my 529 plan) send 1099-Q information to the IRS?
A. Yes. It's the exact 1099-Q that you get a copy of.
Q. It looks like TurboTax is sending the 1099-Q and 1098-T forms to the IRS, because when I checked all the official forms included in the filing, those documents were listed.
A. No. What you are seeing is worksheets, not IRS forms. These are for you records and are not sent to the IRS.
Q. I filed my daughter's taxes, and I can see both the 1099-Q and 1098-T in the filed copy.
A. Again, worksheets, not forms. Not sent to the IRS.
The 1098-T and 1099-Q are informational only. They are not controlling documents.
If the answer to #1 or #2 is yes, should I enter the 1099-Q that came under my name in TurboTax, rather than ignoring it?
