<p>I need a little help - way to confused about to many things.
- Daughter claimed as dependent on taxes
- Goes to college full time at an accredited college
- Recieved Cheer/Pom and Dance Tuition Waiver of 819.60 (financial aid by year) & Cheer/Pom and Dance Room and Board Waiver of 3404.00 (financial aid by year).
- She did not work at all this year
- Got 1098T - Box one shows 2574.00 and Box 5 shows 860.00.</p>
<p>Does she have to pay taxes on the 3404.00 & 819.60? Remember, she did not work at all.
Thanks for any assistance.</p>