Anonymous
Not applicable

TurboTax says scholarship of $20k is TAXABLE for daughter even though college cost was $79k

Basics.

Tuition and room/board= $79k

Scholarship/financial aid=$20k

Out of pocket paid to school=$59k ($18k of which came from 529).

TurboTax says: "XXX's education assistance counts as income ... they exceed education expenses"

But they obviously don't. Any thoughts?