College tuition was paid with an inherited trust fund, is that deuctible or just the 1098-T amount?
The fact money came from a trust fund may not be relevant. But you don't say what the trust fund was for, who the beneficiary is, or anything about said trust fund. Also don't know if the education expenses are for you, a spouse, a dependent, or someone else. So a de-facto answer is not really possible with a degree of certainty in it's accuracy.
Typically, you can only deduct from taxable income, those "qualified" education expenses that were paid out of pocket that would be taxable otherwise, and not by scholarships, grants, 529 distributions or any other third party source of income.
