My daughter is 19, a full time student and her 1098t says $6033 under box 1 and $7472 under box 2
of that $7472, her pell grant is $1973
subtracting the boxes = $1439
she did not receive any refund from her scholarship and pell grant
what she had left over after fees and such was $1973 (which is the amount given to her by pell grant)
$1485 went towards a mandatory meal plan and the remaining $488 went towards books....(she still had to pay around $50 out of pocket for the books)
MY QUESTION: does the mandatory $1485 meal plan get taxed as income?
I have searched high n low and I do not know if this is taxed
and if it makes a difference, she has zero income, is just a FT student, stays on campus but comes home on weekends and holidays and yes i am filing her on my taxes this year
