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are you a dependent or a parent? there should no 8615 if you are a parent. are there any letters like DCB on line 1 of the 1040? in your return, there should be a W-2, W-2G summary in Turbotax that should show what's included in your line 1 wages.
SCH stands for taxable Scholarship income of 2704 which was added to the wages on that line.
"SCH stands for taxable Scholarship income". Thanks, I appreciate your knowledge of what Intuit does without they providing a clear explanation ANYWHERE. I can't imagine ANYONE would have guessed SCH = taxable scholarship income. Certainly feels like Intuit could do a better job documenting what you have somehow learned.
It is all document in the 1040 instructions. Page 24
https://www.irs.gov/pub/irs-pdf/i1040gi.pdf
If TurboTax documented everything it would be hundreds of pages long.
1040 Line 1
Scholarship and fellowship grants not reported on Form W-2. Also enter “SCH” and the amount on the dotted line next to line 1. However, if you were a degree candidate, include on line 1 only the amounts you used for expenses other than tuition and course-related expenses. For example, amounts used for room, board, and travel must be reported on line 1.
so I'm paying for turbotax so I don't have to look at irs forms and instructions and you are telling me, that to get an explanation of what turbotax is doing..
I should look up the irs instructions???
turbotax could put a link with the explanation where something isn't readily apparent.
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