Hal_Al
Level 15

Education

@Lupinefalls 

 

Q.   Does my son need to account  for  the 529 gain and  a return on his own?  

A.  No.

 

Since you are the "recipient" of the 1099-Q (your name & SS# are on it), he does not report it on his return.  If any of it is taxable, it goes on your return.