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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?
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May 31, 2019
11:03 PM