Let say next year, If the condition of my daughter only has summer wages of $6000 without any interest bonus and no Federal or State taxes witheld. There is still a $6980 non-qualified 529 withdraw with earning of $3490 from 1099-Q.
Tax benefit saving wise, is it better to have the 1099-Q address to me with my name and SS#, so I can include it in my tax return? And, she doesn't have to file the tax return of $6000 summer wages?
