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Even though the IRS instructions for Form 1099-NEC state that taxable scholarships should be reported on Form W-2, you can still report this income using the form you do have.
Open your return and go to Federal >> Wages & Income >> Other Common Income >> Income from Form 1099-NEC. Click Start/Update.
Or enter 1099-nec in the Search box located in the upper right of the program screen. Click on Jump to 1099-nec.
These entries will report the income on Schedule 1 Line 8z Other Income. The total from Schedule 1 Line 10 flows to Form 1040 Line 8 as ordinary income.
Deal with it as if it were the correct form.
Even though the IRS instructions for Form 1099-NEC state that taxable scholarships should be reported on Form W-2, you can still report this income using the form you do have.
Open your return and go to Federal >> Wages & Income >> Other Common Income >> Income from Form 1099-NEC. Click Start/Update.
Or enter 1099-nec in the Search box located in the upper right of the program screen. Click on Jump to 1099-nec.
These entries will report the income on Schedule 1 Line 8z Other Income. The total from Schedule 1 Line 10 flows to Form 1040 Line 8 as ordinary income.
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