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Returning Member
posted Feb 17, 2026 11:40:24 AM

1099-Q QTP to Roth

My son did a conversion in 2025. The turbo tax form shows an error that the program hasn't been setup yet to accommodate this. Is there any estimate when this might be updated?

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1 Replies
Employee Tax Expert
Feb 17, 2026 3:10:49 PM

The 529 funds that were converted to a Roth IRA don't get entered into TurboTax.  Since this is a non-deductible rollover contribution, you need to track it yourself with Form 8606 to keep it non-taxable.  Also, if you're the recipient of the 1099-Q and your son is the beneficiary, the IRA contribution may be for him and he'll track it himself. 

 

 If the 1099-Q distribution was used for qualified education expenses, you don't need to enter it into your return, if you claim him as a dependent. Here's more info on Form 1099-Q.

 

@rmdesantis55