Thank you, this is very helpful. May I please ask a follow-up just so I am clear. Suppose a college-bound high school senior receives a $1000 cash graduation pr...
And may I please add a related question. Suppose a student receives other scholarship monies during the freshman year, say, that are not needed to meet college ...
Hello -- I am in the same situation, that is, Box 5 of Form 1098-T exceeds Box 1. I accept that the overage is taxable, and would be happy to pay the tax. Troub...
