Reply To: 529 distribution counts as support by beneficiary or original owner?

Home Fairmark Forum Kids and College 529 distribution counts as support by beneficiary or original owner? Reply To: 529 distribution counts as support by beneficiary or original owner?

#4581
47percent
Participant

Thanks Kanohe..

But my question was not about FAFSA or financial aid.

I have near zero chance of getting any financial aid. The question is how we can maximize our own funds.

I would like my child to be able to claim standard deduction when he is in college. For that he has to provide more than half half his own support. If he spends from 529 would that be counted as coming from him? If not, what can I do to make it so?

  • This reply was modified 2 years ago by 47percent.