DaveF1006
Expert Alumni

Get your taxes done using TurboTax

I would report it as Scholarship income in the manner that I prescribed to see if this would make a difference. I suggest reporting in this manner because some of the educational expense may offset some of the taxable income from the scholarship.  it may not make a difference but you can try.

 

The $180,000 is the amount that the educational credit begins its phase out it sounds like you will receive the credit.

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