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How to report 529 plan to Roth IRA rollover?
I have unused fund from my 529 College fund. I had a direct Trustee to Trustee roller from my 529 Plan to Roth IRA. I got a 1099-Q tax form indicated that I have a direct Trustee to Trustee transfer on the $7000 distribution. I should not have to pay tax on this distribution but Turbo Tax still takes tax for this distribution. How can I correct this bug with TurboTax 2024?
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March 15, 2025
1:34 PM