My son's 1098-T shows twice the qualified tuition & fees (box 1) vs. the amount of his scholarship (box 5). His scholarship only covers his tuition and some fees, not room & board. Why does Turbo Tax say it is taxable? I think this is an error.
I also have a 1099-Q where I received 529 dispersments to pay for room & board , I read that I need to remove this form and I did that.
However, Turbo Tax is still telling me that the scholarship needs to be on my son's taxes as income.
Please advise
