v-lecea
New Member

If my child is not a dependent and is the beneficiary of a 529 does she claim the income?

My daughter is 20 and earned 10,000+ last year.  I have a 529 account for her.  She is no longer my dependent, apparently.  Does she now show the 529 disbursement on her return as well as the expenses?  Do I just not show the account at all on my taxes?  The 1099Q show's me as recipient and not her.  is that a problem?