in Education
I just noticed a change between TT2022 and TT2023, in the entry of "Taxable Scholarship" as income where:
@Hal_Al was tremendous help to me last year in this post where it saved me money (thank you!) and I listed every step. But now those steps don't apply.
I don’t need to report it this year, but curious to learn for the future how else one would enter the taxable Scholarship as income to populate Schedule 1, line 8r? Any workarounds? TIA
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Taxable scholarships can be entered under
Deductions & Credits
Education
Go through the interview "as if" you will report a 1098-T regardless if you do or not. (just bypass the 1098-T if you are not entering one).
At some point the program will ask about scholarships not on 1098-T.
Enter the amount of the taxable portion there.
It will go to Schedule 1 line 8r
To get the income on line 8r, of Schedule 1, you can now only enter it at "Education Expenses and Scholarships" in the Deductions and Credits section (not the income section).
I don't know why they changed it, probably just to get the online and download versions in sync.
Taxable scholarships can be entered under
Deductions & Credits
Education
Go through the interview "as if" you will report a 1098-T regardless if you do or not. (just bypass the 1098-T if you are not entering one).
At some point the program will ask about scholarships not on 1098-T.
Enter the amount of the taxable portion there.
It will go to Schedule 1 line 8r
To get the income on line 8r, of Schedule 1, you can now only enter it at "Education Expenses and Scholarships" in the Deductions and Credits section (not the income section).
I don't know why they changed it, probably just to get the online and download versions in sync.
Thank you both
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