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If I made a nonquailified withdrawal from a Mo529 plan with me as the account owner and my daughter as the beneficiary but the check came in my name Do I claim it?

She is not my dependent she filed her own taxes for last year
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1 Reply
DianeC958
Expert Alumni

If I made a nonquailified withdrawal from a Mo529 plan with me as the account owner and my daughter as the beneficiary but the check came in my name Do I claim it?

Yes, you claim the income on your return.  The beneficiary would receive the money upon your passing and income you take out before that is income to you.

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