Has anyone entered a trustee to trustee transfer of a College 529 plan? Tax form is 1099-Q and software wants to link to a student when in fact they are two children.
Any advice?
Thanks,
Doug
If this is a taxable rollover, skip over the beneficiary details and just complete the line items for distribution, earnings, basis, etc.
Thank you but it is a non-taxable rollover as children are 12 & 8 years old respectively.
If that's not a taxable rollover, there's nothing to report then.
Thx, this saved some aggravation.
