Retirement tax questions

Hi @SamS1 ,

 

Thanks for your time and effort here.

I'm sorry to be pedantic about your step #5:

You instruct, "select that you did not receive form 1098-T" -- meaning, "... even though you did."?

And by entering the Stipend into Scholarships/grants/fellowships the 1098-T form has no information about the Stipend - so the amounts in boxes 1 and 5 are not entered into the 1098-T form in TurboTax, and, in fact, the amount in box 1 is not entered anywhere.

 

When I look at form 1040 line 7 is "Capital Gain (or loss)"

(I'm using the TurboTax app -- not the online version, but that shouldn't matter)

It seems that the Stipend is recorded on form 1040 line 1, although it's not an exact match; I haven't determined why not yet.

 

Thanks again for what you do here.

 

DFFK