Hal_Al
Level 15

Education

Q. How do I report that as income on her return for turbo tax?

A. The simple way is to enter a 1098-T with 0 in box 1 and the taxable amount of the scholarship in box 5.

 

Q. Is Bright Futures considered restricted?

A. You'll have to ask them and/or you school. It's unlikely that anybody in the TT forum will know that.