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1099-Q DIST USED TO PAY GRANDKIDS TUITION - WHERE/HOW TO REPORT NON TAXABLE - SO PENALTY IS NOT CALCULATED (GRANDCHILDREN NOT DEPENDENTS

jim2
Level 2

I CHECKED BOX 6 - RECEIPIENT NOT BENEFICIARY BUT CANNOT LINK TO A NON DEPENDENT

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Just-Lisa-Now-
Level 15
Level 15

Mark Beneficiary as "Someone Else" and use the "Other Student Qualified Education" Quick Zoom Button at the bottom of the 1099Q worksheet. 


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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1 Comment 1
Just-Lisa-Now-
Level 15
Level 15

Mark Beneficiary as "Someone Else" and use the "Other Student Qualified Education" Quick Zoom Button at the bottom of the 1099Q worksheet. 


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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