You don't need to enter either form if you spent all of your 529 plan distributions on qualifying education expenses. However, if the education expenses are more than the scholarship income and you claim your child as your dependent, you may benefit from an education credit if you enter the form 1098-T on your tax return.
If you do so, however, your son may have taxable income to the extent you use qualifying education expenses that were paid for from the 529 plan proceeds to qualify for your education credit. In that case, you should enter the form 1099-Q on your child's tax return to see if he has any tax liability.
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