I'm 19, but my parents can't really claim me and will not be paying taxes either way. I am just trying to understand if it's right if I put the amount of income($8,600 for room and board) and then not be eligible to claim anything since technically all of my scholarship(~27,000) was used to pay for tuition. Clarification would be nice because as it sits, I lost my refund I thought I was getting and now owe my state(MI) tax.
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You are doing it correctly and it is income to you. Sorry about this, but great you are getting the nice scholarships.
You are doing it correctly and it is income to you. Sorry about this, but great you are getting the nice scholarships.
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