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scholarship money

mayberryrfd
Level 3

How do you get the taxable part of a dependents scholarship money unto the 1040 in professional

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Just-Lisa-Now-
Level 15
Level 15

Then enter the 1098T into the program.  Use the WHERE DO I ENTER button and type in 1098T


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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8 Comments 8
Just-Lisa-Now-
Level 15
Level 15

Enter the 1098T into the program?  Maybe you can add some more details about the situation.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
mayberryrfd
Level 3

The scholarship money was more than the tuition, so it is taxable

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mayberryrfd
Level 3

I mean the difference

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Just-Lisa-Now-
Level 15
Level 15

Then enter the 1098T into the program.  Use the WHERE DO I ENTER button and type in 1098T


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
mayberryrfd
Level 3

then you are saying that you put the 1098T on her return as well as her parents

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IRonMaN
Level 15

Just enter it on the kid's return.  There isn't any credit available on the parent's return so no need to bother messing with theirs.

Nice to see you found the new community.  😀


Slava Ukraini!
mayberryrfd
Level 3

Thanks IM, I was hoping you would chip in, and you to Lisa

IRonMaN
Level 15

I'll keep the chipping going until Intuit changes this place into a "professional" forum🤣

I guess as long as they are still allowing emojis this place is still safe to have a little fun.


Slava Ukraini!