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1098-T deeming entire scholarship & grant funds as taxable income
After I entered the info for a 1098-T, your prompts ask for the amount, if any, used to pay room and board. I entered that lesser amount, which is the taxable amount from the scholarship & grants total. But your app is including the entire scholarship & grants total in Form 8615, Schedule 1, and Form 1040 line 8. Why isn't it distinguishing between the taxable and non-taxable amounts?
‎April 8, 2025
2:13 PM