AmyC,
Thanks for replying.
Yes, the 1099-Q has a larger value because the distribution included spring 2021. The beneficiary is a grad student that lives in a rental apartment not associated with school so no room & board unless this can be deducted.
My question is about on who's return these should be reported. Since 1099-Q was sent directly to school and is beneficiaries name I think it needs to be reported on her tax form. But, in some other posts I saw 1098-T should be reported on my tax return. Is that correct?
Also you say 1099-Q only needs to be reported if distribution is being used up for eligible expenses. In this case distribution exceeded eligible expenses so does it need to be entered? Or, because the distribution exceeded expenses then it need to be reported?
