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New Member
posted Apr 6, 2022 9:24:33 PM

Do I need to report a 1099-Q form related to a 529 rollover that doesn't violate the 12-month rule?

This rollover distribution shouldn't be taxable, but if I add it to turbotax my due tax goes up.

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1 Replies
Expert Alumni
Apr 6, 2022 9:33:36 PM

If it is a rollover, leave the 1099-Q form out of your tax return.