Dependent College Student filing 2023 taxes

Forum|Forum|2 years ago
February 1, 2024
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Can my dependent, 19, under 24 college student with $9000 in taxable scholarships for me to report on my 1040 waive on having to file a tax return? She did not work at all in 2023.

I am not sure what the limit is for full time college students to file even it they did have a taxable scholarship for me to report. If she had to file the return would just for for the $9000 scholarship as taxable, right???

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Best answer by JohnB5677

No, your daughter should not have to file a tax return.

For single taxpayers the Standard Deduction is $13,850 in 2023. This is larger than the $9,000 that she received.
If you receive a scholarship, a fellowship grant, or other grant, all or part of the amounts you receive may be tax-free.
- Scholarships, fellowship grants, and other grants are tax-free if:
  - You are a candidate for a degree
  - Money is used for tuition

Please see: Topic no. 421, Scholarships, fellowship grants, and other grants

JohnB5677Answer

No, your daughter should not have to file a tax return.

For single taxpayers the Standard Deduction is $13,850 in 2023. This is larger than the $9,000 that she received.
If you receive a scholarship, a fellowship grant, or other grant, all or part of the amounts you receive may be tax-free.
- Scholarships, fellowship grants, and other grants are tax-free if:
  - You are a candidate for a degree
  - Money is used for tuition