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After you enter the 1099-Q and answer the interview questions regarding the distribution, if there are no education expenses reported, the penalty will be calculated and assessed.
The tax is reported by the recipient of the 1099-Q, the person listed on the distribution form 1099-Q.
[Edited 03.12.18 |8:27AM]
After you enter the 1099-Q and answer the interview questions regarding the distribution, if there are no education expenses reported, the penalty will be calculated and assessed.
The tax is reported by the recipient of the 1099-Q, the person listed on the distribution form 1099-Q.
[Edited 03.12.18 |8:27AM]
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