Education

Thanks for answering @Hal_Al .  I know that all of those expenses are OK for the 529.  What I am asking about for 2018 is if the expenses on both returns have to match and/or if both need to add up to the total.  Do they coordinate the numbers?  Here's what I mean: 

 

On our return I put the 1098-T and my husbands  2K 1099-Q.  The 1098-T  made it so that we got the AOTC and the 2K 529 withdrawal was not taxable.  I also put in her other expenses (not sure if I should have)

 

On my daughter's return I put  HER 1099-Q  which was fully taxable at first and was more than the amount on the 1098-T.  Then I put in the 1098-T and her other expenses and indicated that 6K was used on our return.  After all of that was done none of her 529 distribution was taxable. 

 

Do I have to reconcile this in any way?  I know you said that the 1099-Qs are not reflected on the actual return but I am not wanting to raise any red flags (especially as a late filer). 

 

Also do you have to take 529 withdrawals in the same calendar year as the 1098-T says you paid and as you incurred other expenses?  Our 1098-T's are totally messed up and we didn't take nearly enough out in 2019 based on what the 1098-T says.

 

Thanks again