Thanks for pointing out my oversight! It does work out as no additional taxes although the 1099-Q and a worksheet are also generated.
I also called Fidelity who said that since my son was the direct recipient of the funds from Fidelity, his name should be on the 1099-Q form and not my wife's. That would also take it off my tax return altogether but probably force him to add it to his.
At this point, it may be just as well for all involved to file 1098-T information with the IRS and put it to bed. Same outcome and less work for everyone involved (me, my son, and the IRS).
