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Deductions & credits
Your dependent child has to report the excess scholarship as taxable on his tax return. But as it is less than the standard deduction of $14,600, he is not required to file a tax return.
On point #3, again he is not required to file a tax return as the taxable scholarship is only $1,200 ($8,150 - $6,950), which is less than $14,600.
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March 10, 2025
9:35 AM