My daughter turned 18 last April and started college in the Fall of 2021. I claim her as a dependent on my tax return and her mother claims our son on her return. Her mother and I split our daughter's college expenses 50/50. Her mother is technically the owner of our daughter's 529 plan, but we fund the account evenly. How do we account for college expenses on our tax returns? Do I claim all of her expenses since she is technically my dependent? Or does her mother claim them since she is technically writing the checks out of the 529 account? Can we (ideally) split them? Any guidance is greatly appreciated.
