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Get your taxes done using TurboTax
There is no tax deduction or credit for room and board. If there was, you would not be able to take the deduction or claim the credit using the distribution from the 529 plan (unless you treated the distribution as taxable). Similarly, you cannot take education credits for tuition paid with 529 plan funds. If the distribution from the 529 plan was used solely to pay room and board for you son while attending college, neither you nor your son needs to report the 1099-Q.
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March 16, 2026
4:22 PM
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