For anyone well-versed in Education credits....

Question regarding the coordination of a parent taking the American Opportunity Credit and a college student figuring the taxable portion of distributions from a QTP (Qualifying Tuition Plan).

After a lot of study I think I understand how to take the Credit, but I'm not sure what number my daughter should use for "qualifying educational expenses" since we don't have precise records of every cent she spent going to school.

Would the number in Box 2 of Form 1098T be a good number to use? I.e., is everything they report on that form going to count as "qualifying"? Of course I know I must reduce the amount by the $4000 I claim to take the AOC.