My son entered college last fall. He qualifies as a dependent to us and a college student for AOC. We claim him as a dependent and claim his scholarship $7300 and tuitions $11600 on 1098-T for AOC. His education expenses are $12000 including book fees $400. We paid his room and board $11800. We received QTP distributions $18900 on 1099-Q. In TT, when we claim his scholarship was paid for room and board, all QTP distributions are not taxable. Is it correct? If so, should we report his scholarship as unearned income in Form 8814?
