SusanY1
Employee Tax Expert

After you file

The notation SCH 2547 is telling us that he had $2,547 of taxable scholarship income based on the entries in TurboTax.  

 

If his expenses for college exceeded or equaled his scholarships, you can remove the 1098-T and this may help.  He may have taxable scholarships if Box 5 on the 1098-T exceeds Box 1.

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