@dyons you are the owner of the 529 plan; why would the administrators send you a form with your dependent's social security number on it under this circumstance?
I believe the way it works is if the money is sent to the college directly, the dependent's SSN is used on the 1099-Q when issued. if the money is sent to you, your SSN is issued. I am not aware that a 529 plan would send money directly to the beneficiary and use the beneficiary's SSN on the form.
Don't take this the wrong way, but for your dependent to report income that was really yours to circumvent the tax is a form of fraud to me. The rule is that if you do not use the money for educational purposes and withdraw the money, the OWNER of the 529 is responsible to report the related income.
