I claim my college son who is 18 . He has no income to claim but did get a 1098-T the amount in box 2 is $3,719.20 , box 5 is $5,758. Do I have to claim this on taxes?

[turtlewv]

Also he did not have any loans nor did he pay out of pocket..this was all scholarship or grant. I've already filed..will I have to amend?

[AmyT · Accepted solution]

No, you probably do not have to claim this on your taxes as long as all the scholarship/grant money (box 5 of the 1098-T) was used to pay qualified education expenses (which should include books, supplies, and equipment required for class).

Additional information:

https://ttlc.intuit.com/replies/3301849