Skip to main content
Level 2
April 14, 2023
Question

Where do I enter a 1099QA from ABLE account?

  • April 14, 2023
  • 1 reply
  • 16 views
Where do I entera 1099QA from Able account
This topic has been closed for replies.

1 reply

taxshack
Level 6
April 16, 2023
Preparing taxes is not my life, but my life is amazing because I prepare taxes.
Level 2
April 16, 2023

Hello it wasn’t use for disability expenses it was inherited from her deceased parent. So where I do enter the 1099QR? With a gross distribution let’s say $10,000 and basis of $10,000, no earnings?

taxshack
Level 6
April 16, 2023

Enter the taxable portion of the distribution on the Other Income Statement on line Q.  Then enter it in Part II of form 5329.

Preparing taxes is not my life, but my life is amazing because I prepare taxes.