AmyC
Expert Alumni

Education

Let's cover this by form:

1099- Q

Since the 1099-Q covered room and board and some tuition, it should not be entered. IRS Publication 970, Tax Benefits for Education states: If the entire 1099-Q went to qualified expenses, room and board, tuition, etc then you do not need to enter the form.

 

1098-T

Whoever claims the person on the 1098-T, claims the student credit. Your son will enter the 1098-T. He will qualify for the Lifetime Learning Credit on the portion of tuition not covered by the Q. AOTC is limited to 4 years and I assume you already took those credits.

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