Unqualified Education Expense on Taxes?
Asked by: flash
My wife received $ 8,800 in free scholarships while her tution was only $ 8,000. Im curious of how to answer the “Amount of the above used for unqualified education expenses:” question. She used $ 3,960 for room/meal plan of her scholarship. Yet, when I entered that in, it actually causes my refund to increase which doesn’t seem correct as shouldn’t we have to pay taxes on the unqualified part? Can someone please help me understand this.