do I have to report form 1099-Q ?


You may receive Form 1099-Q, Payments from Qualified Education Programs (Under Sections 529 and 530), if you:


  • Received a distribution from a Coverdell education savings account (ESA).
  • Received tuition benefits or a refund from a qualified tuition program (QTP).
  • Changed programs or program trustees.
  • Are the designated beneficiary of an estate.


Usually, these distributions are not taxable to you if you transferred the funds to another program, another family member, or used the funds to pay for your education.


You can enter Form 1099-Q into TurboTax under "Federal Taxes" - "Wages & Income" - "Less Common Income" - "Miscellaneous Income, 1099-A, 1099-C."


At the next screen, launch the interview for "Coverdell ESA and 529 qualified college tuition plans (Form 1099-Q)."

More information is available at this link:


Was this answer helpful? Yes No
TurboTaxChristopherT , Tax Expert, Social Media Team
TurboTax TaxPro

No answers have been posted

More Actions

People come to TurboTax AnswerXchange for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Do you still have a question?

Ask your question to the community. Most questions get a response in about a day.

Post your question to the community