Thanks for the prompt response. I will need to file my own taxes as the difference in box 5 and box 1 on 1098-T is over $12,200. I don't think I qualify for any of those deductions as my scholarship covers all tuition and fees costs.
I should have included this in the original question, but I have also heard that I need to file Form 8615 (tax for child with unearned income) - this confuses me since I thought the taxable scholarship was considered earned income. Does turbotax automatically figure this form for me? Because right now I think I have all of the numbers correct, though nowhere did I explictly fill out the 8615. I just told turbotax that my parents were alive and I earned a certain amount.
