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Get your taxes done using TurboTax
You need to report it bc your scholarships are considered taxable income and the IRS already has a copy of your 1098 to compare to what you file. So if you omit it to evade paying taxes on the scholarship amount the IRS will already know and when you get audited you'll be liable for penalties and late fees on the unpaid taxes.
‎February 11, 2021
1:37 PM