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posted Jun 4, 2019 11:07:56 PM

I am trying to fill out my FAFSA for school and the IRS import tool is down. I need to find the amount that I reported for College grant and scholarship aid on my taxes

What line would that be on a 1040A?

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1 Replies
Intuit Alumni
Jun 4, 2019 11:07:57 PM

It depends on your situations, please read : 

If your scholarship amount received is greater than your educational expenses paid, the difference will be reported as a taxable income on line 7 of your Form 1040A.  ( will show as SCH as scholarship with the amount) 

If your scholarship covers all your educational expenses, you will not get any educational benefit and the scholarship amount will not show on any of your tax forms.  It's a wash. 

If your paid educational expenses is greater than scholarship amount received, the scholarship amount will not show.  Instead, the difference will display on your Form 8863 Education Credit to calculate the amount of either American Opportunity Tax Credit or Lifetime Learning Credit you are entitled to.