As a resident alien on a F-visa, 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. In the TurboTax program, you would first enter the information under the Federal section, the data would be transferred over to the State section. Please do revisit the interview questions under the State to verify you do not miss any possible credits and deductions.
To enter information, please follow these steps:
In TurboTax online edition,
1. After sign into your account and select Take me to my return
2. At the right upper corner, in the search box, type in 1098t and Enter
3. Select Jump to form 1098T
4. On screen, "Do you want to enter your higher education expenses?" answer Yes.
5. Go through the step-by-step interview questions
6. On screen, "Did you get a 1098-T from school for 2017?" make your selection. Follow prompts to enter your info.
