My school tuition is covered by Plan 529 funds sent directly to the school. My understanding is that if the Plan 529 funds are used entirely to cover tuition, and I have no other educational expenses outside of that, I don't need to report the 1098-T or the 1099-Q and instead just keep them for my records. However, I received a small scholarship of ~$300 from the school which was applied towards tuition, and this is reported in Box 5 of the 1098-T. Because of this scholarship, do I need to report the 1098-T?
