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Education
Thank you for your quick response! Since my school disperses my scholarship on a quarterly basis, then I should enter the amount they dispersed in 2020. In that case, I believe my school dispersed one quarter's worth of my scholarship in 2019(my first year) and I did not enter that in last year's tax return. What should I do about this? My scholarship exceeds the tuition and fees so I need to report this as I believe it is technically income.
March 11, 2021
2:14 PM