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Level 2
January 25, 2020
Question

adding multiple 1099q payers

  • January 25, 2020
  • 1 reply
  • 1 view

I have multiple 529s & ESAs.  I had 3 kids in college in 2019.  However, I can only find "edit" or "delete" on the TT screen for 1099q payers.  While one of my kids' 529 is on there, I want to add the other two kids' 529 1099q, but I don't know how.

    1 reply

    Level 14
    January 27, 2020

     

    In TurboTax online, here are the steps:

     

    • Sign in to your TurboTax account and select Pick up where you left off
    • At the right upper corner, in the search box, type in "1099q" and Enter
    • Select Jump to 1099q
    • Next screen, Form 1099-Q Summary, select Add a 1099-Q, see the image below.
    • Next screen, Who's shown as the Recipient on your 1099-Q, make your selection

    Add a 1099-Q

    Rick1of7Author
    Level 2
    January 28, 2020

    Thank you very much for the response!  I greatly appreciate it.

     

    I didn't have that option.  However, in researching Pub 970, I realized that I didn't have to report several of my other 1099q's.  When I deleted them, that option came into view.

     

    There must be a built in limit to the number of 1099q's you can add.

     

     

    Level 14
    January 28, 2020

    You are very welcome!