Steve Bottorff
Returning Member

Education

Hi Hal_Al-

 

I do not following the reply.

 

I entered the grant and qualified education expense data correctly in the 1098-T form in Turbo Tax Home & Business 2021.  The error is Turbo Tax is not complying with IRS pub 970. IRS pub 970 says the excess grant $ received (over qualified education expenses) should be included on line #1 with the 'SCH' and excess $ amount in the description. 

 

Are you saying to work around the Turbo Tax error, to manually enter scholarship income so it is correctly reported in the 1040 line #1?

 

thanks,

Steve