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Other Form 1099-Q Information

There is a conflict in TurboTax interview when asking for information from Other Form 1099-Q Information, Box 6. TurboTax asks "Is the recipient of the distribution the designated beneficiary?" Then it immediately states "Recipient is not designated beneficiary" These are contradictory because the distribution is to the Parent and not the Child (the Beneficiary). Therefore, the answer to the first part is "No" because the Parent is not the designated beneficiary but the answer to the second statement is "Yes" because the Parent is not designated beneficiary.

So, which questions do you answer/confirm? 

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1 Reply
KrisD15
Expert Alumni

Other Form 1099-Q Information

Select what is reported in Box 6 on your 1099-Q,  Yes, or No. 

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