Parents do not qualify for Amer. Oppor. credit. Can student claim 529b proceeds & student loan as "earned income" to qualify as earning more than 50% of his own support?

nickmulderink · ‎June 6, 2019

MinhT · ‎June 6, 2019

No, 529 distributions and student loans cannot be counted as income for the student to determine whether he provided more than half of his own support.

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

View solution in original post

MinhT · ‎June 6, 2019

No, 529 distributions and student loans cannot be counted as income for the student to determine whether he provided more than half of his own support.

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

Expert does your taxes

Do it yourself

Resources

Support

Parents do not qualify for Amer. Oppor. credit. Can student claim 529b proceeds & student loan as "earned income" to qualify as earning more than 50% of his own support?