My daughter's 2020 1098-T reported 9613 of qualified tuition expenses and 11400 of scholarships. However, only 6400 of the scholarships was used for 2020 qualified expenses. The remaining 5000 will be used on 2021 spring semester tuition. Can 6400 of the scholarship be reported on the 2020 return since this was the amount that was used for 2020 qualified expenses or does the full 11400 have to be reported on the 2020 return? If I have to report the full 11400 on the tax return, then we will have taxable income. Would she report the taxable income on her tax return or would I? We are claiming her as a dependent and she has no other income.
