Check the Social Security number on the form. Is it in your Social Security number of the Beneficiary? If the distribution was made directly to the educational institution or directly to the beneficiary, the 1099-Q should be in their name. If a distribution is made to the account holder, Form 1099-Q will be issued in the name of the account holder.
The pandemic has affected your taxes in many ways. Including reporting in TurboTax the amount of stimulus money you received. Click Here for more information on how the Pandemic affected your 2020 taxes.
