I think I have been overthinking the whole process but Pub 970 scares you to death about making mistakes. lol I have two questions: 1. If a student's scholarships were enough to cover tuition, fees, books and room and board, can they still claim the tax credit based on moving some of the tax-free scholarships to the taxable income of the student? or must the family have been required to pay some portion of room, board or books? 2. IS there an example in which the student has some scholarship money earmarked for tuition that cannot be moved but some scholarships that can be moved? Thanks.
