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Where do you input amounts from a 1099-Q in a fiduciary return?

CPA Marty
Level 2
 
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5 Comments 5
sjrcpa
Level 15

An estate or trust is an account owner and got a distribution?


Ex-AllStar
CPA Marty
Level 2

Yes.

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IRonMaN
Level 15

I would put the earnings in as other income.


Slava Ukraini!
CPA Marty
Level 2

But what if it was a qualified 529 plan distribution, and thus not taxable?

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IRonMaN
Level 15

What line do you enter a nontaxable distribution on a 1040?


Slava Ukraini!