Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Mar 30, 2025 6:36:46 AM

I have a 1099-Q form. I only claim qualified expense (tuition and fees) but when I report the 1099-Q it got taxed. 1 why ? and can I choose to not report the 1099-Q?

100% of my 1099-Q went for tuition and fees of the beneficiary my son but the refund from the 529 was sent to me the owner and dad. Do I still need to report it ? why is it taxed?

0 1 570
1 Replies
Expert Alumni
Mar 30, 2025 6:44:00 AM

If your son is the beneficiary of the 529 plan and you have proof that the distribution is used for tuition and fees, you can just not report the form 1099-Q on your tax return.

 

On form 1099-Q, instructions to the recipient read: "Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. You must determine the taxability of any distribution."