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Get your taxes done using TurboTax
It depends. If you are filing a tax return you can't omit a Form 1098-T if it produces taxable income.
A taxable scholarship is unearned income so the filing thresholds are lower. You will have to file a return if:
- You had only unearned income (interest, dividends, capital gains) of more than $1,100;
- You had only earned income (wages, salaries, tips, fees) of more than $12,550; or
- You were self-employed with $400 or more income.
In cases of mixed income (earned and unearned), file a return if:
- Unearned income was more than $350, and gross income of more than $1,100, or
- Unearned income was $350 or less, and gross income of more than $12,550
For further discussion see Tax Champ @Carl's answer at If a 1098-T form only has a scholarship/grant on it, do I need to file it?
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March 6, 2022
10:06 AM
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