Q. So you are suggesting not entering the 1099q, right?
A. Yes
Q. So you are suggesting not entering the 1099q but still entering the 1098t, right?
A. No. Don't enter the 1098-T either, since you are not eligible for the tuition credit.
The 1099-Q and the 1098-T are only informational documents. The numbers on them are not required to be entered onto your (or your student's) tax return.
Q. I thought the IRS gets a copy of all these and wants to see them accounted for on my return?
A. Yes, the IRS gets a copy. But, when nothing on the 1099-Q is taxable, nothing is sent with your actual tax return. Same for the 1098-T; if you are not claiming a credit, or your student reporting taxable scholarship, nothing is sent to the IRS when you enter them in TT.
