kevmolloy
Level 1
 
0 Cheers
dascpa
Level 11

Enter the information on the Student Information Worksheet via Scholarships, Fellowships and Grants.  It will then flow onto the Wages, Salaries and & Tips Worksheet Line 13 and finally appear on Line 1 of 1040 with a note of SCH and the amount.

rbynaker
Level 13

@dascpa wrote:

Enter the information on the Student Information Worksheet via Scholarships, Fellowships and Grants.  It will then flow onto the Wages, Salaries and & Tips Worksheet Line 13 and finally appear on Line 1 of 1040 with a note of SCH and the amount.


I think there's a way to enter it directly on the WS&T Wks, but I've always done it your way.  If there's a taxable stipend, there are usually other education numbers flying around that have to be accounted for anyway.

Rick