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Summer Internship money received as Taxable Grants

I am a full time student studying for my bachelor degree. I have done summer internship at NIH in 2023 and got the 1099-G  for the money received during internship as a Taxable Grants (Box 6) .

 

How can I make this Summer Internship money mentioned as Taxable Grants (Box 6):

 

 (i) part of my earned income - which will increase my standard deduction and reduce my tax liability

OR

(ii) show that I have used this Grant money for my qualified college expenses (which I did) and this make it non-taxable / tax-free

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1 Reply
LindaS5247
Expert Alumni

Summer Internship money received as Taxable Grants

You would enter the 1099-G under the "Income and Expenses" section of your federal return as your form is shown.

   

  1. Scroll down to "Other Common Income" and select "Other 1099-G Income"
  2. Click on the "start" button next to "Other 1099-G Income"
  3. Follow the prompts and continue through the section to enter your 1099-G.

It will look like this:

 

 


 

 

 

 

 

Click here for "What is Form 1099-G"?]

 

Please feel free to come back to TurboTax Community with additional information or questions or click here for help in contacting Turbo Tax Support. 

 

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