As I prepared for my 2018 taxes, I had some thoughts come into my mind and now I am very scared and worried. I live in Texas and attend a well known Division 1 college. In 2017 I did NOT work. I did not earn a single dime from employment. However... I received $13474.00 as a refund from a scholarship I received throughout the year. I have 2 classes I took that my refund did not cover. One class was $300 and the other was $1179. From my understanding, these could have been used as deductions. Anyways.. 2017 was the first year I received a refund. I was unaware that taxes must be paid on scholarships. On top of that, I never once received a letter from the IRS or anyone asking where my taxes were or anything. With that, I am stressing out now. I do not want to be 21 years old and end up owing some outrageous amount of money that I cannot afford. This was the only money I received the entire year of 2017. My question for the community is this...
What do I do? How do I act? Please help because I am freaking out and stressed beyond belief.
Thank you.
