topic If I take a non qualified distribution from a 529 account, who has to report the income and 10% penalty? The beneficiary of the 529 or the owner of the 529? in Education https://ttlc.intuit.com/community/college-education/discussion/if-i-take-a-non-qualified-distribution-from-a-529-account-who-has-to-report-the-income-and-10/01/718474#M19981 Thu, 06 Jun 2019 14:52:17 GMT willmcnutt 2019-06-06T14:52:17Z If I take a non qualified distribution from a 529 account, who has to report the income and 10% penalty? The beneficiary of the 529 or the owner of the 529? https://ttlc.intuit.com/community/college-education/discussion/if-i-take-a-non-qualified-distribution-from-a-529-account-who-has-to-report-the-income-and-10/01/718474#M19981 Thu, 06 Jun 2019 14:52:17 GMT https://ttlc.intuit.com/community/college-education/discussion/if-i-take-a-non-qualified-distribution-from-a-529-account-who-has-to-report-the-income-and-10/01/718474#M19981 willmcnutt 2019-06-06T14:52:17Z The person who's SS# as the recipient  on the 1099-Q is r... https://ttlc.intuit.com/community/college-education/discussion/the-person-who-s-ss-as-the-recipient-on-the-1099-q-is-r/01/718480#M19982 <P>The person who's SS# as the recipient&nbsp; on the 1099-Q is responsible for the taxes and must report it on their return ... ask the plan administrator if you don't know who that is.&nbsp;</P> Thu, 06 Jun 2019 14:52:19 GMT https://ttlc.intuit.com/community/college-education/discussion/the-person-who-s-ss-as-the-recipient-on-the-1099-q-is-r/01/718480#M19982 Critter 2019-06-06T14:52:19Z