Help! I'm going crazy over the whole 529 and American Opportunity Tax. I've ready many of your helpful answers but I'm still confused.
My son has about $3300 of taxable scholarships that were used for room and board. I used the whole $4000 for the AOC on my return. I have put the $3300 on his return where it asks if you used scholarship to pay for room and board. Where do I put the $4000 as income on his return? I removed his 1099-Q on his return as you had suggested because it was not counting the room and board as a QEE and therefore taxing him for a large portion of the 529 withdrawal.
Thank you so much for any assistance.
