Jump to content
ATX Community

1099-Q 529 plan

terry

By terry
in General Chat

 Share

Recommended Posts

terry

terry

Posted
Posted

1099-Q is in Mothers name for her 2 children. Children were young when established, now in college. Box is checked, the recipient is not the designated beneficiary.

Does this cause a problem with taxable earnings & penalties? Mother does keep detailed records of withdrawals.

Thanks in advance!

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...