AmyC
Expert Alumni

Education

Any income not used on qualified expenses, is taxable.

You said box 1 greater than box 5 with a number in parentheses so I missed the income part.

Let's try with box 5 bigger than box 1. Yes, if the money was not spent on Qualified Education Expenses - Internal Revenue Service, then it becomes taxable income. Good catch and great question!

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"