David is 19 years old and a full-time college sophomore majoring in physics. The college is an eligible educational institution. He resides on campus during the school year and lives with his parents during the summer. David spent $1,500 on books in 2021.. David's parents provided more than half of his support. David has never been convicted of a felony. David received Form 1098-T as shown on the following page. The Box 5 amount is an unrestricted scholarship. David received no other income in 2021. David and his parents are U.S. citizens with valid Social Security numbers. David and his parents came to the site to have their returns prepared. They want to maximize the tax benefits for the family. click here to see David's 1098-T 6. For the purpose of determining if David has a filing requirement, taxable scholarship and fellowship grants are considered earned income. True False 20,000.00 2021 CORRECTED FILER'S name, street address, city or town, state or province, country, ZIP or 1 Payments received for foreign postal code, and telephone number YUMA COLLEGE 1000 COLLEGE AVENUE YOUR CITY, YOUR STATE, ZIP FILER'S employer identification no. STUDENT'S TIN OMB No. 1545-1574 qualified tuition and related expenses 37-700XXXX STUDENT'S name DAVID NEWBERRY Street address (including apt. no 1234 ROCKMOUNT STREET Form 1098-T a 654-00-XXXX 4 Adjustments made for a prior year 5 Scholarships or grants $ 25,000.00 City or town, state or province, country, and ZIP or foreign postal code YOUR CITY, YOUR STATE, ZIP Service Provider/Acct. No. (see inatr Form 1098-T 8 Checked if at least half-time student (keep for your records) 6 Adjustments to scholarships or grants for a prior year 9 Checked if a graduate student www.irs.gov/Form1008T 7 Checked if the amount in box 1 includes amounts for an academic period beginning January- March 2022 10 Ins. contract reimb/refund Tuition Statement Copy B For Student This is important tax information and is being fumished to the IRS This form must be used to complete Form 8863 to claim education credits. Give it to the tax preparer or use h it to prepare the tax retur Department of the Treasury-Internal Revenue Service