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My parents are claiming me on their taxes. Do I still put down my scholarship for myself?
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My parents are claiming me on their taxes. Do I still put down my scholarship for myself?
No, your parents would claim form 1098-T (which should report your scholarships) and an education credit.
If the scholarships are more than what you spent on your education expenses, THEN you would file the excess scholarhip on your own tax return; otherwise your parents claim it all.
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My parents are claiming me on their taxes. Do I still put down my scholarship for myself?
No, your parents would claim form 1098-T (which should report your scholarships) and an education credit.
If the scholarships are more than what you spent on your education expenses, THEN you would file the excess scholarhip on your own tax return; otherwise your parents claim it all.