It depends. Only the person who receives the funds and whose social security number is on Form 1099-Q must report Form 1099-Q on their tax return.
However, check if the CORRECTED box is checked on either of the Forms 1099-Q. If so, only report the corrected one according to the issued social security number.
Form 1098-T is reported on the return where the child is claimed as a dependent. Education credits cannot be claimed by dependents.
For more information, see: Guide to IRS Form 1099-Q: Payments from Qualified Education Programs.
Where do I enter a 1099-Q?
