How do I report scholarship as taxable income in turbo tax without a 1098T?

Forum|Forum|6 years ago
March 19, 2020
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TurboTax Deluxe Online

NCPERSON1

why can't you obtain it?

can you obtain it from the school website?

c4adventure

My daughter has the same issue, University does not provide 1098T for fully paid tuition, but still has room and board and extra expenses paid for that are taxable. Don't know how to add to our tax return, and is it better under her name only and not claim her as a dependent?

KrisD15

@leslieturner94

If you know how much the student needs to report as scholarship income, please enter that amount on the dependent student's return.

@c4adventure

If the student is your dependent, you claim her on your return, but the student claims the scholarship income

If the student meets the filing requirement, they need to select "Yes, Someone else can claim me" and "Yes, someone else will claim me".

Below is how the student claims the scholarship income (scholarships not applied to tuition, fees, books, or supplies)

Click Federal

Click Deductions & Credits

Scroll down to the Education section and click Show More

Scroll down to Expenses and Scholarships (1098-T)

Select that you have an exception to not having a 1098-T

You will need the school's information, such as address and school EIN

Continue through the interview saying there was no expenses and simply enter the amount the student needs to claim as "Additional Scholarship" on the scholarship screen.

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