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Get your taxes done using TurboTax
was the amount in box 3 or box 7? If box 3 just report it in education section. If box 7, report it as earned income as a 1099Misc. (when you enter your education expenses, your taxes will be reduced by the education section but if in box 7 do not report the scholarship in education area as you would then possibly double count the income). It all depends what the monies were for if it is earned or unearned income. Earned is taxable such as if you taught a class as a TA to get monies and worked, Unearned is if it can be considered only education sources, true scholarship monies for education that you did not work for. Earned income may also have you eligible for earned income tax credits if you have dependents).
**I don't work for TT. Just trying to help. All the best.
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**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
‎June 5, 2019
11:22 AM