AnnetteB6
Employee Tax Expert

Education

Enter the Form 1098-T in the education section of your return and the amount shown in box 5 that exceeds box 1 will be reported on your Form 1040 on line 1 with the 'SCH' designation to the side showing it is a taxable scholarship amount.  

 

Use these steps to go to the education section:

  • On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
  • This opens a box where you can type in “education” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
  • The search results will give you an option to “Jump to education
  • Click on the blue “Jump to education” link

 

@fionamarie05

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