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My daughter received a scholarship that was not reported on the 1098-T that the university mailed to us.  The scholarship check was mailed directly to us and had no limitations on what it could be used for.   We received a 1098-MISC for this scholarship.    My daughter has additional scholarships that were reported on the 1098-T form.  These scholarships exceeded the tuition expenses.  My understanding is that the overage is considered earned income until the standard deduction is met,   The difference between tuition expenses and the total amount of scholarships is well below the standard deduction.  ...but after reviewing the printed forms Turbo tax is treating the 1098-MISC reported scholarship as unearned income when determining the standard deduction.  (Standard Deduction Worksheet for Deductions, Line 1)   Should the scholarship reported on the 1098-MISC be treated as earned-income or unearned income with respect to the standard deduction calculation?

My pay has no taxes withheld by my employer, but I should still be eligible to deduct qualified transportation expenses while filing my taxes, to reduce my taxable income. Where can I do that on TurboTax?

While doing my taxes at TurboTax online, I have to file 3 state taxes. New York (Nonresident), Illinois (Nonresident), and Kentucky (Resident). I filled out my federal first. Then I filled out NY state, then IL state.  NY (Nonresident) status is now "reviewed", but IL (Nonresident) status still remains "started". I have deleted and restarted IL (Nonresident) 3 times, and have "checked it over" 10 times and received "Nice! Your Illinois return is in great shape" each time but the status is still "started".     I continued with the KY (Resident) state to see if perhaps TurboTax online was waiting for that to finish since they are reciprocal states. But when KY was finished it's status was "reviewed" but IL status was still "started".  I have even gone back to IL to "check it over" and no errors are found.  I have deleted IL and filled it out again and the status is still "Started".  I have deleted KY and IL and filled IL out then KY out and still IL is "Started" even though KY is complete.   Yes, I have deleted my cache and my cookies.  And yes I have a W2 with wages withheld in IL, and a W2 with wages withheld in NY, but live in KY. So I have to fill out all of them.    Should I just finish the states and submit them all even though IL still says "started" instead of "reviewed"?   (I am using the free edition but the "Price Preview" button still shows $0 so it shouldn't be a having to pay issue)   What do y'all think?

I have read many entries on how to figure the gross income sourced at the Beneficiary level on a K-1 from a trust.  I am reading conflicting information.  I read to add boxes 1-8 excluding 2b to get the gross income but then I also read use box 14E amount and also read to use line 3e from Form 1116.  These 3 different ways give me 3 different totals for gross income sourced at the beneficiary level.  If I add boxes 1-8, it includes ordinary dividends, and capital gains for a total of $4003.  If I use box 14E, it is $761 which is only the ordinary dividends listed in box 2a (it does not include the capital gains in box 4a).  If I use line 3e on Form 1116, it is $7318 (same amount listed for both beneficiaries) which is the total income before deductions on line 9 of Form1041.  The beneficiaries receive net income after deductions.  So which is the correct way?

My only income is SS and Roth conversions which I aim to keep below the threshold of needing to pay taxes. If I don't file taxes for the next several years or more (RMDs might eventually require tax payment) is this likely to trigger an audit?    I know the chance of audits are small across the board, but would year after of no filing be more likely to trigger one.   I am debating whether or not to increase roth conversions a little so that I keep an active return record with the IRS, but don't want to if it is a non issue.

Hi, can anyone help me with my situation? I have the code error 15, although I don’t even have my cra account yet, since it’s my first time filling, I’ve called them yesterday and they said that since I dont have an account, they cannot unlock it since I don’t possess one, why am I still getting this error 15??