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What does SCH 75 mean next to line 1 on the 1040EZ form

 
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Employee Tax Expert

What does SCH 75 mean next to line 1 on the 1040EZ form

SCH stands for scholarship income on Form 1040EZ, line 1, Form 1040A, line 7, or Form 1040, line 7. 

See why your scholarship income is taxable in the FAQ below. https://ttlc.intuit.com/replies/3651222

See more on the calculation of SCH income below. https://ttlc.intuit.com/replies/3301864

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