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tiffanyhodge33
New Member

If my parents put my 1098-T on their tax return do I put it on mine? When they put it on theirs it said I had to claim $3860 in income on my return. Where do I put that

 
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LisaS
Level 5

If my parents put my 1098-T on their tax return do I put it on mine? When they put it on theirs it said I had to claim $3860 in income on my return. Where do I put that

Sounds like you have taxable scholarship income (your scholarship was more than the qualified expenses).  Your parents will put it on their return if they claim you as a dependent in order to get the educational credit but you put it on your return in order to get the taxable scholarship to show up on your return.

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1 Reply
LisaS
Level 5

If my parents put my 1098-T on their tax return do I put it on mine? When they put it on theirs it said I had to claim $3860 in income on my return. Where do I put that

Sounds like you have taxable scholarship income (your scholarship was more than the qualified expenses).  Your parents will put it on their return if they claim you as a dependent in order to get the educational credit but you put it on your return in order to get the taxable scholarship to show up on your return.

View solution in original post

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