You are reasoning correctly. If the 1099-Q is in your name and SSN, then it's taxable to you without qualifying educational expenses to offset it. And you can't do that without claiming your daughter. And you can't offset 529 distributions with qualifying educational expenses and take an education credit for those same expenses (no double-dipping).
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
