Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
E
egeorge88
April 9, 2022
Question

I received a scholarship that covered more than tuition so I received a refund from the university, but I have no tax forms showing this so don't know how to report it.

  • April 9, 2022
  • 1 reply
  • 0 views
No text available

1 reply

Hal_Al
Hal_Al
Employee
April 9, 2022

TurboTax (TT) will automatically treat the difference between box 5 and box 1 (assuming box 5 is larger), of the 1098-T,  as taxable income, unless you enter additional qualifying expenses, e.g. books and computers.

 

In TurboTax (TT), enter at:

Federal Taxes Tab (Personal for H&B version)

Deductions & Credits

-Scroll down to:

--Education

  --Education Expenses

 

If that is your only income (or that plus W-2 wages) and is less than $12,550 total, you are not required to file a tax return.  

TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsCookie settingsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification