Ah, no that link is not working. But, the IRS Tax Benefits for Education: Information Center I gave, includes the updated version.
If the student has scholarship money left after tuition and other required expenses, then the excess goes on the student return as SCH income. The student has the first $12,400 tax free so this is not a hardship for the student in nominal amounts.
Parents must claim any 529 money issued in their name and not used on qualified education. Which I why I sent the link to my other post, good for moving money around legally and optimally.
The only forms would be scholarships, 1098T, or 1099Q.
The scholarships can take many forms, including W2. So, you deal with the hand you are given. Those would be in the student's name, not yours.
@connexcindy2016
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