Yes, I think I finally understand! Both the 1098T's and the 1099Q's have my children's names on them, not mine. So the taxable income would go on their income tax form, not mine.
Thank you so much! Now I feel confident that my statement is correct.
So, my follow-up question, it looks like my children would need to file a tax return, because the income from the 1099Q would be considered interest income and not net income?
