No, you do not want to enter the 1099-Q on your daughter's return unless it was not used for qualified education expenses. You cannot enter the 1099-Q on your return if your daughter is the beneficiary and the 1099-Q contains her social security number and name. Because she cannot report the 1098-T on her return, if she reports the 1099-Q on her return, TurboTax will treat the 1099-Q as income. If there are sufficient qualified educational expenses to cover the distribution from the 529 plan, then do not report the 1099-Q.
The 1099-Q is one form that does not need to be reported unless it is not used for qualified educational expenses.
Since your daughter is dependent on your return, you can claim the 1098-T on your return. Keep in mind that an education credit can be claimed in the same year the beneficiary takes a tax-free distribution from a QTP, as long as the same expenses are not used for both benefits.
