Received a 1099-Q for withdraws for my student from account set up by grandparent. Total was $50,867. The 1098-T has payments received of $51,162. TT says there is an excess of $10,000 and taxing student beneficiary. The 1098-T doesn't include off campus room and board and supplies. I realize I don't have to put in the 1099-Q. Do I then just not put in any of the expenses and keep for our own records in case of an audit? Or is there somewhere that I need to report all the expenses paid with the 529. Thank you.
Laura
