Trustee to Trustee Transfer Form 1099-Q

[gtsforhim]

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

[itonewbie]

If this is a taxable rollover, skip over the beneficiary details and just complete the line items for distribution, earnings, basis, etc.

[gtsforhim]

Thank you but it is a non-taxable rollover as children are 12 & 8 years old respectively.

[itonewbie]

If that's not a taxable rollover, there's nothing to report then.

[SmRousso]

Thx, this saved some aggravation.