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malmal9876
New Member

My daughter received a 1099-Q in her name, but she is our dependent. Should the 1099Q be entered on our, the parents, tax return?

 
2 Replies
Critter
Level 15

My daughter received a 1099-Q in her name, but she is our dependent. Should the 1099Q be entered on our, the parents, tax return?

 
Critter
Level 15

My daughter received a 1099-Q in her name, but she is our dependent. Should the 1099Q be entered on our, the parents, tax return?

The info on the 1099-Q  is entered on the parents return if they are claiming an education credit  and then if any of the distribution was NOT used for qualifying education expenses  the   taxable portion will be entered on the child's return if they are required to file.   

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