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on your 1040 look at the line that says Taxable Income (15).
Q. Where in the tax return can I find if we had taxable scholarship income in 2022?
A. If any portion of her Pell grant was taxable, that amount will appear on line 8r of Schedule 1. The total income from Schedule 1 goes on line 8 of form 1040.
Q. My child received a Pell grant. Will that count? Is the amount she got is what I need to put down?
A. Grants that pay for qualified educational expenses (QEE), tuition, fees, books and other course materials, including a computer, are tax free. Grants that pay for room & board and other non qualified expenses are taxable income to the student.
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