My income is approx $300k, son has a full academic scholarship at college which is approx $13k more than tuition - as it also covers room and board. I claim his as a dependent so assuming this amount i have to report as 'income.' I entered under Deductions&credits in the form 1098T section. But all it then says is "I cant claim because my income is too high." But not trying to claim it as as any kind of deduction. My concern is this $13k isnt showing as a taxable income - which i believe it should be? i think last yr i had similar issue so i manually entered this approx $13k under "misc Income as SCH. Was this not correct???
