My son is in college. I claim him as a dependent on my return. He received a 1098-T. He received more in scholarships (box 5) than what he had in eligible expenses, resulting in a taxable scholarship. That amount appears on the dependent student information worksheet but that amount did NOT flow through to Form 1040 Line 7. My son had other income also an files his own return. Which one of us claims the taxable scholarship amount on their return, the student or the parent?Thank you.
... View more
We provide you with a way to opt-out of advertising activities on our websites
We leverage outside service providers who assist us with our marketing and advertising activities. Note: by opting-out of this tracking, you may still see Intuit advertisements, but they may not be tailored to your interests.