Almost. If you took the money to buy a car, you would have the $3,000 income plus a penalty.
Pub 970 is for all things education, including the penalty on page 47.
We do nitpick trying to get every penny saved buy you are welcome to stop and add that tiny amount to your taxes! Enter the Q then enter the amount paid for tuition and the program can do the rest of the work for you.
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