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New Member
posted Jun 1, 2019 12:09:41 AM

I am not sure where to enter the Coverdell information from the 1099Q for my dependent son

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1 Best answer
New Member
Jun 1, 2019 12:09:43 AM

Report the 1099 Q in Education expenses.  

Select Federal Taxes
Select Deductions and Credits
Select Show More at Education
Select Start or Revisit at ESA and 529 qualified tuition programs (Form 1099-Q)

If your son is a dependent in your tax return,  select his name from the list of people in your tax return. Then you will enter his 1098 T information in the tab - Expenses and Scholarships (Form 1098-T).

If your son is not a dependent in your tax return, Indicate that the payment was for "A beneficiary that's not a dependent on this return" - see screenshot below.

You will be prompted to enter the beneficiary name. Then, you will be directed to a screen where you can enter your son's education expenses.  See screenshot below.

1 Replies
New Member
Jun 1, 2019 12:09:43 AM

Report the 1099 Q in Education expenses.  

Select Federal Taxes
Select Deductions and Credits
Select Show More at Education
Select Start or Revisit at ESA and 529 qualified tuition programs (Form 1099-Q)

If your son is a dependent in your tax return,  select his name from the list of people in your tax return. Then you will enter his 1098 T information in the tab - Expenses and Scholarships (Form 1098-T).

If your son is not a dependent in your tax return, Indicate that the payment was for "A beneficiary that's not a dependent on this return" - see screenshot below.

You will be prompted to enter the beneficiary name. Then, you will be directed to a screen where you can enter your son's education expenses.  See screenshot below.