Sorry, my mistake. The program says
it turns out child's education assistance counts as income
That's because scholarships and other education assistance are considered taxable income if they exceed child's education expenses, if the money was used to pay for nonqualified expenses or if child was not enrolled in a degree, certificate or credential program at an eligible school. Child will need to file a tax return to include this 3500 amount taxable income.
(I assume because that is the amount that was used to pay for room and board).
This means, if she did make around 5000 in working income she would have to file right? Because the 3500 will make it 8500. Will she need to enter the amounts using the 1098-T or will she just have to take note of the amount and add it in her tax return?
