Q. Should she claim the $4600 on her return as income?
A. Yes. If that is her only income, it s not enough for her to have to file a tax return.
Q. If so, do we put all the info into our return and state that she is claiming the $4600 as income?
A. No. Nothing about her income will go on your tax return. If you follow the TurboTax (TT) interview correctly, you will get a message telling you to have her report the $4600 on her tax return.
Q. Do I change any of the amounts in Box 1 or Box 5 when I put in the amounts?
A. Yes and maybe not. If you follow the TurboTax (TT) interview correctly, it will do all that for you. But, the simple way is just enter $1192 (10292 - [13700 - 4600] = 1192) in box 1 and leave box 5 blank. That will get you the tuition credit.
You can add any books and a computer as qualified expenses to that 1192.
