kirpiggy
New Member

1099-Q where funds were transferred from one 529 plan to another. I am recipient, but not the beneficiary. How do I answer the Qs in Turbo Tax?

In 2015, I transferred money from one 529 plan to another.  I received a 1099-Q that lists me as the recipient (I assume because I'm the account holder on the 529), but box 6 is checked indicating that I am not the beneficiary.  My son received a 1099-Q from the 529 plan that received the transfer, but not from the fund sending the transfer.  I need to know how to answer the 1099-Q questions in Turbo Tax.  It seems I should be able to answer "no" I didn't receive a 1099-Q for an account for which I'm the beneficiary.  

Please advise.  Thank you!