Taxable Scholorships

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  • RLymanC
    Senior Member
    • Sep 2005
    • 653

    #1

    Taxable Scholorships

    Qualifying child (student) used as a dependent on parents return has $6,000 taxable scholorship money. Where is the $6,000 reported?
    Confucius say:
    He who sits on tack is better off.
  • Gretel
    Senior Member
    • Jun 2005
    • 4008

    #2
    On line 7 of student's 1040.

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