When the Q is fully used, it ends up not going on your actual tax forms. Please do not report it but do tuck it into your tax folder with the supporting documents.
IRS Pub 970 states: Generally, distributions are tax free if they aren't more than the beneficiary's AQEE for the year. Don't report tax-free distributions (including qualifying rollovers) on your tax return.
The 529 can be used towards 529 qualified Room and Board to free up money for AOTC credit -if you qualify. You cannot claim the credit if your MAGI is over $90,000 ($180,000 for joint filers).
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