So, it looks like my options are leave it in the UTMA and potentially have 20% counted towards EFC if we no longer qualify for Simplified Needs, roll into a 529 and have approximately 15K counted towards student income + 5.6% of the account counting towards EFC, or just sit back and hope they modify to fit the new tax form. I read through all the drafts last night and it looks like I would not be required to fill out any of the add on schedules except Schedule 3 which is for non-refundable credits. Schedule 1 is the biggie and if I don’t do a refundable IRA that would not be required either.