My daughter has a scholarship that covers her full tuition and room and board. I've reported the income on her 1040 (not mine), but federal tax is relatively low (around $150) after her standard deduction is applied. But Turbo Tax computes her Maryland tax as 6 times larger (over $700) than the federal, which seems quite odd.
You'll need to sign in or create an account to connect with an expert.
State tax can easily be higher than Federal because there are many Federal credits not accepted by the state..
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
user99e7f063
New Member
mictg890
New Member
silent803-gmail-
New Member
jackiealexisoliv
New Member
kama808
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.