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Taxable income from scholarship
Hi,
My filing status is head of household. I have 3 dependents (parents and daughter). My daughter who is 19 and full time student got a 1098T. Box 5 is $17282 and box 1 is $10007. After entering all the info at turbo tax, it says my daughter has a taxable income of $6163 and needs to file her return.
My gross income is only $22000 because I’m on Worker’s comp.
whats the best thing to do?
- Can I just add the taxable income on my return? If yes where do I put it? If I add it on my income, it will if the taxable income was put on my daughter’s w2 or 1099?
- Or can I not include the 1098T on my return?
January 28, 2024
8:43 AM