turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jimrenee
New Member

Tax Year Prior to 2020: College Student on Turbo Tax

We are preparing our son's tax return.  He is a full time college student and we  claim him as a dependent on our tax return.  He had some employment income last year.  He also had a 1099-Q from his 529 plan, with all of that cash used to pay tuition, for which he has a 1098-T.  The problem is that when we prepare his tax return, he is getting taxed on the 529-Q earnings because we said he is being declared as our dependent.  What should we do?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
KarenL
Employee Tax Expert

Tax Year Prior to 2020: College Student on Turbo Tax

Since he is a dependent on your tax return you enter the 1099-Q on your return, the it is offset by the qualified education expenses paid.  Please see this FAQ for more help. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies