KarenJ
Intuit Alumni

Retirement tax questions

Your niece may need to report the amount that is not used for school expenses.  The 1099-Q should be in the SSN of the dependent not the owner of the account.

Please see below for a Guide to IRS Form 1099-Q

https://turbotax.intuit.com/tax-tips/college-and-education/guide-to-irs-form-1099-q-payments-from-qu...