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1099-Q Information Question is Unclear
While entering my 1099Q information, the following question from TurboTax is a bit confusion. It states
Box 6: Is the recipient of the distribution the designated beneficiary?
Recipient is not designated beneficiary.
Yes
No
In my case, the 529 plan sent the distribution to me so that I can pay for my son's tuition. Hence, the recipient is not the designated beneficiary.
If I select Yes, then does it mean "the recipient of the distribution the designated beneficiary" or "Recipient is not designated beneficiary"?
Monday