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March 19, 2022
Question

We have coverdell distributions to report. We did start, why won't it let us continue without upgrading?

  • March 19, 2022
  • 1 reply
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When we started the return we had access to adding scholarship and coverdell distributions.  Now we are back to complete return but when we go to edit/review this information we are told the free version doesn't have the forms we need?  We don't need forms, just to be able to continue to add information/edit information. thank you!

1 reply

March 19, 2022

If you used the money in the Coverdell account and paid qualified expenses with the distribution, you don't have to enter the Form 1099-Q you received. The 1099-Q should be issued to the beneficiary of the account. 

To proceed with free filing, you should delete all the information you entered regarding the Coverdell distribution. 

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