I just received an corrected 1099-MISC document from the non-profit organization; the $1,000 college scholarship is now reported in box 3 instead of box 7. With that said, my question(s) now are: Does my daughter have to file a tax return for the 1099-misc. ($1,000 box 3), if that is the only reportable “income” she had for year 2019? Or she has no need to report the 1099-misc. and not have to file a return? The scholarship was used for required books and materials. Also, do I need to be concerned about the $1,000 scholarship when filing my tax return which will report the college issued 1098-T or can I disregard? Thank you!
