TaxGuyBill
Level 15
03-18-2021
07:30 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes, scholarships that were paid in excess of the qualifying tuition and fee are taxable to the student.
But you generally shouldn't rely solely on the 1098-T, as they are very often wrong. So you may want to get an itemized printout with the details from the college.