Isn't 1099Q for Coverdell or 529 accounts? Neither one of these is involved in this case.
What I am asking about here is scholarship and grant money reported on a 1098-T. In the context of this thread given above, we will reporting it as having gone to non-qualified expenses so that we can claim the tuition with AOTC.
But my question is: Is it a problem as far as the IRS is concerned, if we don't know if the scholarships are for qualified or non-qualified expenses? How would I find out if we do need to know?
Thanks again,
Videot
