Thanks for your reply! She is a full-time student and does not work. I believe she received about $8000 in private scholarships (deposited into her personal checking account). Being that she received a Valedictorian waiver, she only used about $2000 to $3000 of the $8000. In addition to the $8000, she only earned about $450 for the year.
So, since she did not receive/ earn greater than $13,850, there is no need to report it? Are we able to use the funds on housing without it being counted as taxable income?
Thanks again!
