Still a Dependent With 529 Plan

[sgt-loudmouth]

My child was in school and turned 23 in 2022. He had a summer internship, where he earned lots of money but little was used for expenses. I paid his clothing, education, and medical expenses. He was the beneficiary on a 529 plan (where I am the trustee) and the 529 plan paid his room and board during the school year.

Ergo, he did not pay 1/2 of his living expenses so I deem him to be a qualifying child and I think I can claim him as a dependent.

Or does the fact that the bulk of his expenses were paid by the 529 plan make him  ineligible to be claimed as a dependent?

[MinhT1]

As your child is a full-time student and under 24 in 2022, you can claim him as a qualifying child as long as he did not provide more than half of their own support for the year. It does not matter how much he earned.

Please read this TurboTax Help article for more information.