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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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‎February 18, 2025
5:14 PM