How to report 1042-S income code 16?

I am an international graduate student with resident alien status. I have received the tax forms 1042-S, 1098-T. On my 1042-S I have income code 16 with a nonzero amount in box 7a for federal withholding.
The strange thing is that on form 1098-T the number in box 5 (scholarships and grants) is more than the number in box 1 (Payments received ...) . My understanding is that a part of the scholarships reported on 1098-T is my research assistantship stipend which was actually taxable and the amount withheld from it is reflected on form 1042-S.
So my question is how would I go about reporting this?
Thanks!

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1 Best answer

Intuit Alumni

Jun 1, 2019 1:50:42 AM

You will report the 1042S amount as a scholarship under the "Education section". The excess amount of your scholarship after paying for the tuition is taxable as wages. As far as your federal withholding, you will report under:

In your online program,

At the right upper corner, in the search box, type in estimates paid and Enter
Select Jump to estimates paid
On the screen, Estimates and Other Income Taxes Paid, scroll all the way down to section Other Income Taxes Paid in 2019
On the first line, Withholding not already entered on a W-2 or 1099, select Start

Intuit Alumni

Jun 1, 2019 1:50:42 AM

In your online program,

At the right upper corner, in the search box, type in estimates paid and Enter
Select Jump to estimates paid
On the screen, Estimates and Other Income Taxes Paid, scroll all the way down to section Other Income Taxes Paid in 2019
On the first line, Withholding not already entered on a W-2 or 1099, select Start

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How to report 1042-S income code 16?