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gregkate_2000
Level 1
Mar 11, 2022 1:57 AM UTC
Solved

Wages

After filling out and double-checking wages entered, the amount I calculate and the amount that TurboTax calculates is different by $10.  On my 1040 on line 1, there is some text typed there that I've never seen before.  It says SCH 10.  What is this?  Is this a glitch?  Has anyone else run into this?

 

Katie

    DawnC
    DawnCAnswer
    Employee Tax Expert
    Mar 11, 2022 2:26 AM UTC

    The SCH stands for SCHolarship income.   It appears that you have entered $10 more in scholarship income than qualified education expenses.   Go back through the Education section and make sure you have entered all of your expenses and that the details of your 1099-T are entered correctly as well.   To get back there, search for education and use the Jump to education link.  Then click on Visit All.   

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    DawnC
    Employee Tax Expert
    DawnCEmployee Tax ExpertAnswer
    Employee Tax Expert
    Mar 11, 2022 2:26 AM UTC

    The SCH stands for SCHolarship income.   It appears that you have entered $10 more in scholarship income than qualified education expenses.   Go back through the Education section and make sure you have entered all of your expenses and that the details of your 1099-T are entered correctly as well.   To get back there, search for education and use the Jump to education link.  Then click on Visit All.   

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
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