TurboTax has taken my aggregate "scholarship" information from 1098-T (box 5) and added that as taxable income. However, these funds were used solely for tuition -- not room and board. According to https://turbotax.intuit.com/tax-tips/college-and-education/taxes-for-grads-do-scholarships-count-as-... and other online threads, these scholarship funds generally do not count as taxable income. How do I verify whether TurboTax is calculating this correctly? Thanks.
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If you are a dependent, the person claiming you enters the 1098-T on their TurboTax program and if you, the student needs to claim income, you claim only that income.
If you are claimed as a dependent. you need to touch base with the person that claimed you.
If you are not a dependent, you enter the 1098-T.
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