Hal_Al
Level 15

Education

@jmontesrn 

You do qualify for the tuition credit.  You don't need any further research by the school about the scholarships.

$6353.50 - 1740 = $4613.5 which is more than the $4000 needed to claim the maximum AOC credit.  A $600 error won't change that.

 

The fact that box 2 of the 1099-Q is 0, means you do not need to report the distribution from the Coverdell.  You have 0 earnings, so nothing is taxable.  Essentially the distribution did not get used for education, so you can apply all the expenses to the credit