June 3, 2019 10:57 AM
last updated June 03, 2019 10:57 AM
TTax wants to know the recipient/beneficiary of the distribution Since I only have one 1099-q, TTax is only allowing one beneficiary to be listed. How do i enter the second?
June 3, 2019 10:58 AM
Maybe I should have been more specific. I have two accounts on which I am the owner. The beneficiary of account 1 is daughter A; similarly, the beneficiary of account 2 is daughter B. We took a distribution from each account to pay for their high school tuition expenses. However, I received one 1099-Q showing both distributions. When I enter the 1099-Q information TTax thinks they are taxable distributions. How should I handle this?