LinaJ2020
Expert Alumni

Get your taxes done using TurboTax

To enter code 16 scholarship income, you would treat it as receiving a Form 1098-T.  You will treat it as receiving a scholarship or fellowship to offset your qualified education expenses if there are any.  

 

Here are the steps:

  • Sign in to your account, select Pick up where you left off
  • At the right upper corner, in the search box, type in "1098t" and Enter
  • Select Jump to 1098t
  • On the screen, Now Let's gather XYZ's Additional Education Expenses
  • Follow prompts
  • Next screen, Your Education Expenses Summary, select Edit
  • Next screen Here's Your Education Summary, under Tuition, select Edit to enter tuition information

As far as your tax withholding, here are the steps:

  • At the right upper corner, in the search box, type in estimates paid and Enter
  • Select Jump to estimates paid
  • On the screen, Estimates and Other Income Taxes Paid, scroll down to select the section and enter information

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