Tuition alone was $12800, so over the $10000 limit for the LLC.
The 529 plan paid tuition ($12800) plus room/board ($8500 - which is allowed for 529 to cover).
I was basing our calculations solely on the 1098-T, which is tuition only (and maybe books, but that does count for education expenses),
So bottom line, we do need to account for $2000 of the 529 payments as taxable income if our son uses the LLC on his tax return?
