Short answer, YES
If you used a 529 saving plan to pay education expenses, and the distribution is equal to expenses, you needn't enter the 1099-Q nor the 1098-T.
Remember that a distribution can be used tax-free to pay for Room and Board as well as Tuition, books, supplies, and fees.
Tuition, books, supplies, and fees can be used towards an education credit.
The person claiming the student can allocate part of a distribution as taxable income for the student if it frees up expenses for a credit. The credit is often worth more than the tax on the distribution or scholarship.
OR if the distribution can be allocated to room and board, that would be tax-free and might free-up expenses to use for a credit.
There are many options available, but you can always just pass-up trying to get the credit and leave off the forms if there is no Tax liability involved.
IRS PUB 970
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