If the qualified education expenses were at least the amount of the distribution, and were for the benefit of the named beneficiary, there is no requirement to report the 1099-Q. If you do choose to report the 1099-Q, and if there expenses, as stated, were at least the distribution and for the beneficiary, there is no tax liability.
See attached PDF for reporting process
If this posted response is useful to you, please click on the upraised hand in the lower left of this post. Thank you. Scruffy Curmudgeon--PFFM/ IAFF, retired FireFighter/Paramedic - Locals 718/30, Veteran USAR O3 AIS/ASA '65-'67
NOT INTUIT EMPLOYEE
USAR 64-67 AIS/ASA MOS 9301 - O3
- Just donating my time
**Say Thanks by clicking the thumb icon in the lower left corner -it means nothing but makes those than answer feel wanted.
