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Get your taxes done using TurboTax
DavidD66 is correct.
The numbers you listed means the student would claim 1,090 as income because of the scholarships.
Payments made by others for a student's education is the same as if the student made the payments.
If the student is a dependent, it is the same as if the person that claims the student made the payments.
You might also include book and supply expenses if they are not listed on the 1098-T.
If there are additional expenses, subtract that from the $1,090 and report the remaining amount as income on Line 1 of the student's 1040.
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March 27, 2022
5:00 PM
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