Q. Let me see if I have this right: 50k qualified expenses, reduced by scholarships and grants of 15k and further reduced by 4k used on parents return for AOC, leaving 31K to use against 1099-Q's. 1099 Q's total 30k, so no 1099-Q income to be included on student's return?
A. Yes. The 1099-Qs do not need to be entered.
