Q. Would this (Box 5 Scholarship had $1343) affect her filing by any chance? Say if her taxable income exceeded $1100, where should the income (other than 1099-INT) be shown on her return?
A. No. Taxable scholarship is subject to the $12,200 limit, not the $1100 limit (see above). Also, an amount in box 5, of form 1098-T, is not automatically taxable. It is only taxable if not used for qualified expenses (tuition, fees & books).
