topic I was told to enter earned income from MATH for America as SCH but numbers of return drop what am I doing wrong? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-what-am-i/01/1667207#M591437 Fri, 10 Jul 2020 11:09:09 GMT -elyseperez 2020-07-10T11:09:09Z I was told to enter earned income from MATH for America as SCH but numbers of return drop what am I doing wrong? https://ttlc.intuit.com/community/taxes/discussion/i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-what-am-i/01/1667207#M591437 Fri, 10 Jul 2020 11:09:09 GMT https://ttlc.intuit.com/community/taxes/discussion/i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-what-am-i/01/1667207#M591437 -elyseperez 2020-07-10T11:09:09Z Re: I was told to enter earned income from MATH for America as SCH but numbers of return drop wha... https://ttlc.intuit.com/community/taxes/discussion/re-i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-wha/01/1667856#M591696 <P>It sounds like your entries were correct. When scholarships exceed tuition and fees, then the balance of the scholarships becomes earned income. This earned income will increase the amount of tax owed and reduce your refund.&nbsp;</P> Fri, 10 Jul 2020 17:38:54 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-wha/01/1667856#M591696 GiseleD 2020-07-10T17:38:54Z Re: I was told to enter earned income from MATH for America as SCH but numbers of return drop wha... https://ttlc.intuit.com/community/taxes/discussion/re-i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-wha/01/1682490#M597967 <P><SPAN>One thing that TurboTax does is that it treats our MfA income as Self-Employment income, because that's how self-employment income is reported, and thus is subject to the ~15% FICA tax&nbsp;&nbsp;However, this is wrong.&nbsp; &nbsp; is what they are telling me</SPAN></P> Tue, 14 Jul 2020 23:39:56 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-wha/01/1682490#M597967 -elyseperez 2020-07-14T23:39:56Z
This XML file does not appear to have any style information associated with it. The document tree is shown below.
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
<channel>
<title>
topic I was told to enter earned income from MATH for America as SCH but numbers of return drop what am I doing wrong? in Get your taxes done using TurboTax
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-what-am-i/01/1667207#M591437
</link>
<description/>
<pubDate>Fri, 10 Jul 2020 11:09:09 GMT</pubDate>
<dc:creator>-elyseperez</dc:creator>
<dc:date>2020-07-10T11:09:09Z</dc:date>
<item>
<title>
I was told to enter earned income from MATH for America as SCH but numbers of return drop what am I doing wrong?
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-what-am-i/01/1667207#M591437
</link>
<description/>
<pubDate>Fri, 10 Jul 2020 11:09:09 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-what-am-i/01/1667207#M591437
</guid>
<dc:creator>-elyseperez</dc:creator>
<dc:date>2020-07-10T11:09:09Z</dc:date>
</item>
<item>
<title>
Re: I was told to enter earned income from MATH for America as SCH but numbers of return drop wha...
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-wha/01/1667856#M591696
</link>
<description>
<P>It sounds like your entries were correct. When scholarships exceed tuition and fees, then the balance of the scholarships becomes earned income. This earned income will increase the amount of tax owed and reduce your refund.&nbsp;</P>
</description>
<pubDate>Fri, 10 Jul 2020 17:38:54 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-wha/01/1667856#M591696
</guid>
<dc:creator>GiseleD</dc:creator>
<dc:date>2020-07-10T17:38:54Z</dc:date>
</item>
<item>
<title>
Re: I was told to enter earned income from MATH for America as SCH but numbers of return drop wha...
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-wha/01/1682490#M597967
</link>
<description>
<P><SPAN>One thing that TurboTax does is that it treats our MfA income as Self-Employment income, because that's how self-employment income is reported, and thus is subject to the ~15% FICA tax&nbsp;&nbsp;However, this is wrong.&nbsp; &nbsp; is what they are telling me</SPAN></P>
</description>
<pubDate>Tue, 14 Jul 2020 23:39:56 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-i-was-told-to-enter-earned-income-from-math-for-america-as-sch-but-numbers-of-return-drop-wha/01/1682490#M597967
</guid>
<dc:creator>-elyseperez</dc:creator>
<dc:date>2020-07-14T23:39:56Z</dc:date>
</item>
</channel>
</rss>