What is schedule 7497?

[filomena-concia9]

On lineOn line #! on my return (in the middle of the page) it says sch 7497. What does that mean?

[tagteam]

Form 4797 on Schedule 1 (Part I, Line 4) of Form 1040?

Did you sell or dispose of any business property (or engage in a similar transaction)?

See https://www.irs.gov/forms-pubs/about-form-4797

[AmeliesUncle]

It is next to Line 1 on Form 1040, right?

The "SCH" means "Scholarship".  That is the amount of taxable Scholarships.