You don't need to enter the 1099-Q into your tax return provided you have tuition expenses that meet or exceed the withdrawals.
Thank you for the response. What are you supposed to do when Turbo tax asks you if you have a 1099-q form?
My thought is you have to say yes and it taxes you on your earnings from your 529 account. Not the basis contributed amount.
Trying to figure this out as it affects what I owe
@RobertB4444 is correct. If the distribution doesn't exceed the amount of the student's qualifying expenses, then you don't have to report any of the distribution as income on your tax return. If you already entered the Form 1099-Q but your qualified expenses paid in the tax year exceed the amount of the distribution, you can delete the Form 1099-Q entry. If the distribution exceeds these expenses, then you must report the earnings on the excess as "other income" on your tax return.
See this TurboTax tips article for more information.