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Get your taxes done using TurboTax
See my colleague Lina's previous answer to a similar question:
If you are a US resident, by receiving a Form 1042- S with the code 16, you will treat it as receiving a scholarship or fellowship to offset your qualified education expenses if there are any. Per IRS, you are required to file a Form 1040 to report your scholarship amount along with your tuition. If you have paid any qualified tuition expenses out of pocket or with scholarship, you would enter information by following the steps below. As IRS receives a copy of your Form 1042-S, you can e-file your tax return. You do not need to submit your Form 1042-S separately.
In TurboTax online edition,
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
If you have paid in any tax withholdings, to enter the info, follow these steps:
1. Sign back into the program and select Pick up where you left off
2. At the right upper corner, in the search box, type in estimates paid and Enter
3. Select Jump to estimates paid
4. On the screen, Estimates and Other Income Taxes Paid, select the right section to enter information
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