Information about Form 1099-Q

Select a link below to go directly to a topic or read through the document to learn about Form 1099-Q.

• What is Form 1099-Q?
• How do I Enter 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.

Top

Here's how to get to the 1099-Q screens in the TurboTax Online:

1. Select the Tools button in the upper right-hand portion of the screen.
2. Select Topic Search.
3. When the window opens, type "1099-q" into the box, select the item that best describes the 1099-Q that you received, and then select GO.
4. Follow the on-screen instructions to enter the information from your 1099-Q.

Here's how to get to the 1099-Q screens in the TurboTax desktop or CD/download version:

1. Enter your cursor into the search box in the upper right-hand portion of the screen.
2. Type "1099-q" into the box, click on the item that best describes the 1099-Q that you received.
3. Follow the on-screen instructions to enter the information from your 1099-Q.