My daughter received a 1099-Q form for a payment from her Qualified education program for $5,532. Besides this, she has a gain of $42 short term gain and $256 long term gain from a 1099-B, and $61 from dividends. She has no other income or investments. Does she need to file a tax form? I have included her 1098-T tuition statement on my taxes. Also - After she pulled money out of the 529 plan, she received a scholarship which covered most of her college costs, so the money taken out from the distribution was initially used to pay tuition, but was then reimbursed. Does that make a difference?
