I just tested it, and have discovered we didn't test the same way. Apparently, (I think) you are assuming the 1099-MISC monies are reported on the 1098-T in the scholarships box 5. If so, your method is correct.
If the monies reported on the 1099-MISC are not included in box 5 of the 1098-T, then my method is correct.
However, leaving the 1099-MISC off the tax return entirely is a bad decision. It will eventually result in the hassles of having to deal with a CP-2000 that might not be received until 2 or more years later. Having to dig through paperwork from a few years ago, one can easily get confused or could possibly even have forgotten the details surrounding it, and end up paying taxes, fines and penalties when if done right the first time, would never occur.
