MarilynG1
Employee Tax Expert

Education

A qualified rollover from a 529 to a Roth IRA does not need to be reported in your return, particularly if the Roth IRA is for the beneficiary and not the recipient of the 1099-Q.  Your Form 5498 and the 1099-Q are sufficient to keep for your records.  You may also receive a 1099-R from the 529 Plan Administrator documenting the rollover, which the beneficiary can enter in their return, if they are required to file.

 

Here's more info from IRS Pub. 970.

 

@gjoly 

 

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