MargaretL
Expert Alumni

Retirement tax questions

Please follow steps below for 1099-Q data entry: 

  1. Federal Taxes
  2. Wages & Income
  3. Scroll down to Less Common Income
  4. Select Miscellaneous Income, 1099-A, 1099-C
  5. Select Coverdell ESA and 529 qualified tuition programs (Form 1099-Q)

Note: Once 1099-Q is entered, be sure to visit Deductions & Credits>Education Expenses section for an education credit.