MarilynG1
Expert Alumni

Education

@Dawn86 If you daughter is required to file a return, she will report the Excess Scholarship Income on her return. Room and Board is not considered a Qualified Education Expense, unless paid with 529 funds

 

This link gives info on Qualified Education Expenses and this link talks about Taxable Scholarship Income

 

Current filing requirements for a non-dependent under 65 are more than $12,400 in Earned Income (which is the Standard Deduction for a single person). 

 

If she is not required to file a return, save the 1098-T for your records.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"