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1098T and 529 Plans
My son is a full-time college student and pays for all of his education expenses from a 529 plan established by his grandparents. His grandfather arranges for a distribution from the 529 and cuts a check anytime my son needs to pay those expenses. So his grandfather receives the 1099Q every year which he handles on his taxes, and my son receives the 1098T from his college which is in his name since he is the student. So my question is when my son does his own taxes, does he enter anything from his 1098T, or does he just ignore it since all the expenses are covered by cash he receives from his grandfather getting withrdrawals from the 529 plan?
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