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My son is a recipient of a 1099Q including less than $400 in earnings, all used for qualified education expenses. Does he need to file taxes? He is a dependent with no other income.
My son is a recipient of a 1099Q including less than $400 in earnings, all used for qualified education expenses. Does he need to file taxes? He is a dependent with no other income.
No, he does not need to file a return. The 1099-Q is not reported when it is all used on qualified expenses.
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