Carl-I have seen this answer in many questions...my question is related to your answer--my daughter has about 13000 excess scholarship above qualified expenses for 2015 and is our dependent. Two questions really, do we parents put anything on our return ---the box 2 or box 5 or both from the 1098T--it does not sound like we do. And, does daughter only report on line 7 of 1040ez the EXCESS amount only of the scholarships---she doesn't report the total and show qualifieds being removed to get to the EXCESS taxable amount anywhere? I ask this because I know she cannot take Tuition or Fees deduction while a dependent but seems that in reporting on her ONLY the excess, that is in effect what is being done. ?? thanks (additionally, picked up taxes from acct yesterday and he completely missed that daughter had excess, just thought it was even and added nor deducted anything from my taxes, so am guessing I now just need to file the EXCESS on her and pay the related tax, dependent on answers to above, just want to do it correctly).
