morphbass
New Member

If I include the total amount of scholarship $ (used to pay tuition and fees) in income, can I then fill out form 8863 and get up to $4000 in qual. edu. exp. as a credit?

Our daughter, who is  a dependent we are claiming on our 1040A received the scholarships. She is a 4th year student at university pursuing an undergraduate degree and this will be the 4th time we have claimed the American opportunity credit.  I am asking because the amount of scholarship $ exceeds the amount we were billed for tuition expenses.