AmyC
Expert Alumni

Retirement tax questions

A scholarship can be reported various places depending on the reason. If you have a 1098-T and it goes with the college expenses including room and board, you can add it to the education section.

 

If this was research/ teaching type of income - you can enter it as other income not reported on a w2 or 1099.

Follow these steps:

  1. Go to the federal income section
  2. Scroll to the bottom
  3. Miscellaneous Income, 1099-A, 1099-C, Start
  4. Scroll to the bottom
  5. Other reportable income, start
  6. Select Other income not already reported on W2 or Form 1099, start
  7. Other wages received, select yes, continue
  8. Household, continue
  9. Sick pay, continue
  10. Medicaid, continue
  11. Any other earned income? Select yes, continue
  12. Select other
  13. Enter description and amount, done

 

If this was income where you had to pay others for their work, you will need to subtract out the expenses. See another post of mine  here.

@acep1111 

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