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Business & farm
If you are seeing that next to your wages on Line 7 of your tax return, its stands for "Scholarship Income" of $45. It means that your scholarships and grants exceeded your reported expenses, which results in taxable income. In your case, taxable income of $45.
June 4, 2019
1:25 PM
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Business & farm
Thanks. Anthony. But actually, the scholarships and grants do not exceed the expenses. I put book expense in the software for few dollars.
June 4, 2019
1:25 PM