All my distributions from my daughter's 529 are qualified, thus tax free. As the parent, I am filing form 1098-T on my taxes & am getting the American Opportunity Education credit. Therefore, is it necessary to file Form 1099-Q on my daughter's taxes? I'm having the same problem as others here, where she is having to pay in bc TT is taxing the earnings listed in the 1099-Q.
I am also unable to list education expenses on her tax form without being prompted to enter Form 1098-T. Having entered it on my taxes, I am assuming I shouldn't enter this Form 1098-T on her taxes.
