Do I need to enter a form 1099-q that I received because I rolled over my childs esa to the 529 fund. My understanding was since it is a direct rollover there is no need to report it. I did not use any of the funds and actually never touched them. The rollover went right to the beneficiary 529 fund.
Do I need to enter this in the software or leave it out?
You can leave it out.
When the box 1 amount on form 1099-Q is fully covered by educational expenses, or i rolled over to another qualified plan, TurboTax will enter nothing about the 1099-Q on the actual tax forms.
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