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Education
The TurboTax program is asking because it does not want you to report twice the financial aid you received into the TurboTax program.
If the aid is reported on your W2 or 1098-T, don't enter that amount a second time.
Financial aid NOT USED for tuition and/or other education expenses would be reported as income and could increase the tax you need to pay.
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‎February 15, 2021
1:42 PM