It is likely you with owe NOTHING, or very little for your Federal tax. However, it may be tricky to enter into TurboTax.
$6350 is the Standard Deduction (in most cases), so pretty much everybody gets that deduction. So of your $11,995 of taxable scholarships, that $6350 reduces that to $5645. But I'm going to change that a little later ... 🙂
You are subject to the "Kiddie Tax", which taxes your scholarships at your parents' tax rate. So in most cases, that puts you in a higher tax bracket. As for what your parent's tax bracket is, that depends in if they are married (and if they are, did they file a Joint tax return or Separate tax returns) and who you lived with. If you want a closer estimate, please answer that, and give their ROUGH amount of income.
Assuming you meet the qualifications of the American Opportunity Credit, you will want to INTENTIONALLY make $2000 MORE of your scholarship taxable (possible more than $2000, depending on the results and your parents' tax bracket). Yes, that will increase your tax. But it also will qualify you for the non-refundable portion of the American Opportunity Credit, which will greatly reduce or eliminate your tax. So it is very likely you will owe no FEDERAL tax at all. Because you live in Texas (and assuming your parents do too), you won't have any State income tax to deal with either.
