AmyC
Expert Alumni

Education

529 Expenses should be used for college expenses. Any money that is not used toward qualified expenses, is taxable to the recipient of the form.

 

I recommend you:

look at the IRS  Worksheet for Determining Support

take the short online IRS quiz Whom May I Claim as a Dependent?

and recommend you look at another of my answers for help. in understanding how the money works.

 

Related:

@null379

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