My daughter's box 1 is 10,292 and box 5 is 13,700. We are claiming her and trying to make sure we do this accurately to get the best tax credit possible. Some of her scholarship can be used towards room and board ($4600) and the rest is just for tuition. Should she claim the $4600 on her return as income? If so, do we put all the info into our return and state that she is claiming the $4600 as income? Do I change any of the amounts in Box 1 or Box 5 when I put in the amounts?
