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April 15, 2023
Question

Can't enter scholarship used as room & board to maximize education tax credit

  • April 15, 2023
  • 1 reply
  • 0 views

Trying to maximize the education tax credit. But I am not being prompted to enter scholarships used for room and board after entering the 1098T information. I have been able to provide this information in past TT years.

@Hal_Al 

    1 reply

    Hal_Al
    Employee
    April 15, 2023

    In TurboTax (TT), enter at:

    Federal Taxes Tab (Personal for H&B version)

    Deductions & Credits

    -Scroll down to:

    --Education

      --Education Expenses and Scholarships

          - Click update

          - On the next screen (Your education expenses summary), click Edit

          - On the next screen (Here's Your education  summary), click Edit next to Scholarships/Grants

              Follow the interview, you'll get the screen "Did you pay for room & board with Scholarship/Grant".          Answer Yes.

               You'll get a pop up box to enter the amount