Skip to main content
April 10, 2025
Question

why is turbotax saying my son will have to pick up scholarship income

  • April 10, 2025
  • 1 reply
  • 0 views
tuition is $40k and scholarship was $16k so why is turbotax saying my son has to pick up the $16k as income?

    1 reply

    KrisD15
    April 10, 2025

    Whose return are you enter the 1098-T into? 

    What is in Box 1 and what is in Box 5

    Did you get a 1099-Q for a distribution from a 529 savings plan? 

    Did you enter additional scholarships?

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