1087390
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

Why does my refund increase (greatly) if I note college room and board was paid for with scholarship money? I think that should be the opposite.

 
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
LindaB1993
Expert Alumni

Why does my refund increase (greatly) if I note college room and board was paid for with scholarship money? I think that should be the opposite.

This scenario indicates that the scholarship is no longer applicable to the "tuition". (The tuition gives you the tax benefit, while the room and board does not apply to qualified educational deductions.)

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Why does my refund increase (greatly) if I note college room and board was paid for with scholarship money? I think that should be the opposite.

Thanks for the reply, and that is what I thought should happen, but Turbo Tax seems to be working just the opposite as it should. When the scholarship is only for tuition, I get no change to my refund amount, but if I indicate that some of it went to room & board, my refund grows by thousands of dollars. It seems to be calculating the info backwards. Thanks. 

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