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Yes, the amount of grants and scholarships greater than qualified education expenses or used for room and board is considered taxable income.
She will need to enter the 1098-T on her return instead of entering it on your return.
Yes, the amount of grants and scholarships greater than qualified education expenses or used for room and board is considered taxable income.
She will need to enter the 1098-T on her return instead of entering it on your return.
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