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Education
I’m still confused. Much of my grant scholarship money is Fafsa, GI Bill and Federal And Education loans. As soon as it asks me the part about tax free benefits it only wants the gi bill information and not the Fafsa or loans. The minute I put my GI Bill amount in there I ended up owing a lot of money. This makes no darn sense to me. I should not have to pay taxes on any of these yet now turbo tax has taken my school grants and added them to wages tips and other compensation in line 1 of my returns. This is the first year it has ever done this out of my four years of school.
I don’t know how to fix it. But I won’t be using TT again.
May 17, 2021
10:45 AM