My daughter is filing her own taxes, do she enter anything in the box that ask for scholarship, grants if we are claiming her as a dependent and filing the 1098-T?

tktubbs1995 · ‎June 1, 2019

is the scholarship/grants received already listed on 1098T?

MinhT · ‎June 1, 2019

Scholarships in excess of tuition are taxable income.

Although you claim your daughter as a dependent and rightly claim her education expenses, if the scholarships reported in box 5 of form 1098-T are greater than the amount of tuition reported in box 1, your daughter has to report the excess as Other income on her own tax return.

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MinhT · ‎June 1, 2019

Scholarships in excess of tuition are taxable income.

Although you claim your daughter as a dependent and rightly claim her education expenses, if the scholarships reported in box 5 of form 1098-T are greater than the amount of tuition reported in box 1, your daughter has to report the excess as Other income on her own tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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My daughter is filing her own taxes, do she enter anything in the box that ask for scholarship, grants if we are claiming her as a dependent and filing the 1098-T?