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Get your taxes done using TurboTax
Yes, if you are claiming her as a dependent and she did not claim the education credits with the 1098 information on her return, you can claim the forms on your return. You child must be claimed as a dependent on your return to claim the education credits. The 1099-Q is only reported if there are any non-qualified distributions.
TurboTax provides the following information on 1099-Qs, "The person or entity who manages the education program typically reports annual distributions on Form 1099-Q to the IRS and to the beneficiary of the education savings account. However, the account owner (such as a parent) will receive the 1099-Q instead if the distributions from a 529 plan aren’t made directly to the beneficiary or to an educational institution for the benefit of the beneficiary.
When the beneficiary enrolls in school and starts taking distributions to pay school expenses, the account manager will begin sending Form 1099-Q each year. And as long as the distributions are used to pay only qualified education expenses, the recipient doesn’t pay income tax on the distributions."
See the links below for more information:
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