KrisD15
Expert Alumni

Self employed

You don't say on which form the Grant was reported.

If Form 1099-MISC or a W-2, enter the form in that section. 

 

If not on a specific form, you can use the Education Section under Deductions and Credits.

 

Deductions & Credits

Expenses and Scholarships (Form 1098-T)   START or UPDATE

 

IF YOU ALSO ENTER A 1098-T, SIMPLY ENTER THE AMOUNT OF THE GRANT AS ADDITIONAL FINANCIAL AID

 

If you don't have a 1098-T this year-

Start the interview AS IF you have a 1098-T, 

Enter "No" for everything pertaining to a credit 

Type Grant for the school

say you don't have Form 1098-T  but you have an exception

continue through the interview until you get to the screen to enter additional Fellowships and Grants

 

This will put the Grant on Schedule 1 Line 8r as instructed by the IRS

 

If the program gives you any errors for the 1098-T when you go to file, you can delete the 1098-T and the Grant should stay on Schedule 1 line 8r.

 

If you later need to delete the 1098-T:

 

To Delete:
For TurboTax Desktop, switch to Forms (Upper right corner) 


TurboTax Online:
Select Tax Tools on the left side-bar
Select Tools from that drop-down
Select “Delete a form” on the TOOLS CENTER screen
Select the Form 1098-T and delete 
 

 

 

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