What if the 1098-T and the 1099-Q forms are on separate tax filings (parents / child)? How would you resolve this issue in this scenario? (We paid my son's college expenses for 2020 and so we have entered the 1098-T under our taxes. I am entering the 1099-Qs (2) on his taxes as his SSN is on these two forms as the "recipient". Upon entering the 1099-Qs on his taxes, it appears to report the amounts from these forms (or a portion of them) as taxable income. Our qualified expenses on the 1098-T are significantly higher (more than double) than the combined 1099-Qs amounts, yet his taxes reflect that he is having to pay taxes? This doesn't seem correct. Any thoughts? I am happy to share exact numbers of more details if needed. Also, we had already had 4 years of the AOTC so our taxes reflect a $2000 tuition credit if that helps. Thank you for any advice you can offer.
