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Deductions & credits
You could, it's your choice. Allocate the 10,000 for the credit, which means there will be taxable scholarship that the student might need to report. Enter the 1098-T, enter any additional expenses, like books, and answer all the interview questions, there are a few. You'll finally get to a screen that says "Maximize My credit" and the program will calculate the best allocation.
Type letme into the search box to see which credits you are eligible for and change the choice of credit if you'd like.
Type letme into the search box to see which credits you are eligible for and change the choice of credit if you'd like.
‎June 3, 2019
10:43 AM