1099-q

[Unregistered]

What is 1099-Q and how shoud l report it. 1099-Q says that it was for 529 edu. plan

Thanks

[Chief]

1099Q Forms

I believe these are for payments from qualified education programs under Sections 529 or 530.

[Unregistered]

I believe these are for payments from qualified education programs under Sections 529 or 530.

Do I need to report anywhere?

[KBTS]

Check out chapter 8 in IRS Publication 970 for information on distributions from qualified tuition plans.

[Bees Knees]

A distribution reported on 1099-Q may be taxable if it was not used for qualified education expenses.

[Ken]

1099q

a 1099Q is a Roth IRA distribution.

[Gene V]

1099-q

a 1099Q is a Roth IRA distribution

1099-Q are Payments from Qualified Education Programs
1099-R with code J,Q or T are from Roth.

[Ken]

Gene

Yes you are right gene.

[BOB W]

Rollover

I had someone come in with a 529 rollover. I couldn't find where it would go so I ignored it since it was a rollover. Where does it get reported?