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New Member
posted Feb 4, 2026 11:14:47 AM

Other Form 1099-Q information

Please can you help clarify the Turbo Tax wording as it's confusing. There is a statement 'Box 6: Is the recipient of the distribution the designated beneficiary' and underneath this it says 'Recipient is not the designated beneficiary'. There then appear two options 'Yes' or 'No' - however you could interpret this in 2 ways (a)  - Yes, Recipient is not the designated beneficiary - or (b) No, Recipient is not the designated beneficiary - Please advise which is the correct understanding (a) or (b)? - Thank you

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1 Replies
Employee Tax Expert
Feb 4, 2026 11:34:17 AM

Choose Yes if The recipient is NOT the designated beneficiary (box 6 is checked on your form 1099-Q. 

 

And No if the recipient IS the designated beneficiary.