- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education expenses, 529 and credits
We claim my daughter (19) as a dependent on married filing jointly return. She is the beneficiary and recipient of a 529 plan, of which we are NOT the owners. She has very small W2 income.
Can I input 1098-T, 1099-Q and her W2 income (if required) on our Joint tax return or does she have to file her own? (Can we answer "Yes" to the question "Did you receive a form 1099-Q" since she is our dependent"?)
Edited to clarify:
1. Qualified expenses were greater than 529 distributions
2. Other non-qualified expenses were paid out of pocket by us - can these be deducted?
Topics:
‎February 21, 2025
9:43 AM