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You Owe Taxes on Your Scholarships?!?!

From Nest To Wings 2 views

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@aldaenriquez7025
 My student is a dependent in our return but he also files his own return since he is a working student and we did not pay out of pocket for his qualified expenses in school Should he report the 1098t on his return since he has a taxable scholarship money or us his parents even if we did not pay his tuition and other qualified expenses and he is our dependent Thank you
Comment from : @aldaenriquez7025


@pb4ugo19
 What if box 5 exceeds box 1, the student is independent/not claimed and doesn't work? How does one go about filing?
Comment from : @pb4ugo19


@mattmarano4
 lmao taxing on scholarships for room and board is the biggest joke I have ever heard
Comment from : @mattmarano4

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