JamesG1
Expert Alumni

Education

Your daughter has $2,800 in tentative scholarship income because box 5 exceeds box 1 or the 1098-T.

 

If she also reports another $1,200 in qualified education expenses, that should reduce the tentative scholarship income to $1,600.

 

Hopefully, your daughter will fall under the $12,200 filing requirement or the dependent filing requirement and not have to pay taxes on the scholarship income.

 

The dependent filing requirement is:

 

  • Unearned income was more than $1,100.
  • Earned income was more than $12,200
  • Gross income was more than the larger of:
  •    $1,100, or
  •    Earned income plus $350.   [Edited 02/27/20 9:41 AM]

 

 

 

 

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