Form 1099-Q

1099Q-question — Thu, 19 Feb 2026 23:41:40 GMT

I have a 1099-Q that is coded as a trustee-to-trustee transfer. Turbo Tax is counting this as income even though it's just a transfer between plans; this should be non-taxable. Is this a bug in the software? How do I resolve?

Re: Form 1099-Q

DawnC — Fri, 20 Feb 2026 02:32:28 GMT

Delete the 1099-Q. It is an informational only document and it does not need to be reported on your tax return unless there are taxable earnings reported. If it was a trustee to trustee transfer, it is not taxable. Keep the 1099-Q with your tax records.

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Form 1099-Q

Re: Form 1099-Q