529 Rollover to Roth IRA - Where to enter?

[umalum]

We withdrew $7000 from my son's 529 account & received a Form 1099-Q that shows the distribution.

The form reports the amounts that are basis and earnings.  I entered the Form 1099-Q information regarding the $7000 distribution, but where do I enter the information that we rolled over to a Roth IRA so that Turbotax does not count the earnings as taxable? 

[SusanY1 · Accepted solution]

You should not enter the 1099-Q in your federal return as the entire transaction is not taxable.  The IRS instructions for 1099-Q are to only report taxable transactions. 

Keep the document with your tax records for at least three years in case of any IRS inquiry, though one is not likely for these trustee-to-trustee transfers. 

If you need to report the transaction for your state tax return, look for the area in your state program that addresses things your state handles differently.