DMarkM1
Expert Alumni

Education

In accordance with Publication 970, taxable scholarships are entered on line 1 with identification "SCH".  To accomplish this in TurboTax.

 

1.  Click "Income & Expenses" tab at the top of page

2.  Scroll down to "Less common income"  

3.  Click "Show More"

4.  Scroll to "Miscellaneous Income..."

5.  Start/revisit

6.  "Other income not reported on W2 ..."  

7.  Start/revisit

8.  Answer "yes" and continue through to " enter source of other earned income"

9.  Select "other"

10. Enter "SCH" in the description and the amount in the box 

11. Done

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"