turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

ggarzaro1
New Member

Is it possible to get the amount of taxable income on college grant put on the 2022 taxes to help fill out Child FAFSA this year?

where in the tax return can I find if we had taxable income in 2022?  My child received a Pell grant.  Will that count?  Is the amount she got is what I need to put down?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Is it possible to get the amount of taxable income on college grant put on the 2022 taxes to help fill out Child FAFSA this year?

on your 1040 look at the line that says Taxable Income (15). 

Is it possible to get the amount of taxable income on college grant put on the 2022 taxes to help fill out Child FAFSA this year?

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. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question