My husband and I contributed to a CHET Account (Connecticut's Qualified Education Program) in January 2022 and named our daughter as the recipient. She is not claimed as a dependent on our return. (She is 28 and has been living on her own for a few years). The 1099-Q received is in her name and SSN, and she is named as the recipient. This was considered a gift from us to her.
She turned around and immediately used the funds to pay her tuition bill. She has the 1098-T from the university. She used the funds to pay for her masters degree classes in teaching.
Can she claim the Lifetime Learning Credit even though my husband and I received a tax benefit by contributing to this account?
Thank you for your help.
