My daughter received several scholarships. Most of them were reported on 1098-T by her school. But there is one scholarship for $7000 that was paid directly to her. It is technically designated for future expenses, and was not used for any 2024 expenses.
in the Education section of Deductions and Credits, I filled out 1098-T information and then added additional scholarships of $7000. Then TT asked me a question - Was any of the scholarship income not designated to pay 2024 educational expenses?
I wonder if I can answer Yes, in regards to this $7000, since she plans to use it next year.
