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I have a client that pulled money from a 529 plan and received a 1099Q and has the statement from the college where he paid his sons tuition. The 1099Q shows the son as the beneficiary but the withdrawl was from the administrator (dad). The son is not able to be claimed on the dads taxes due to the divorce decree. Is there a way to put this in using proseries and the dad not be penalized?
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You are on the public TurboTax site. You want the Proseries site.
https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/02/203
Thank you
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