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Retirement tax questions
@zml941116 You can't enter it there. It gets treated as Other (unearned) income and doesn't qualify as "compensation" for IRA purposes. Scholarships, for grad students, is treated as compensation for IRA contributions. You have to get it on line 8r of Schedule 1.
To do that you enter it in the Education Expenses and Scholarships in the Deductions and Credits section (not in the income section).
March 7, 2023
4:41 PM