Hello, I'm a full-time graduate student. I received my 1098-T with the following information. Scholoarship = $38K (box 5) and amts billed = $37k (box 2), stipend of $19K (not shown) what amt is taxable? The $19K is the only income and part of it was used for books and required school items.
Thanks, hopefully your answer will assist others that are confused!