- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The student would need to claim the 13,000 however don't forget about any books and supplies she may have needed to purchase which would not be included in Box 1 as tuition. Those expenses can be used to offset scholarship income.
Room and board can offset a 529 distribution (1099-Q) but not scholarships.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 12, 2022
7:46 PM
1,143 Views