edyorker
Level 2
12-07-2019
01:49 AM
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Level 15
12-07-2019
01:49 AM
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Scholarship income that exceeds tuition will be reported on the wages line with SCH next to it.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 15
12-07-2019
01:49 AM
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Just an FYI If you right click on that SCH amount and use Cross Reference it will take you to the Wages Worksheet screen that shows it comes from Scholarship income.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
edyorker
Level 2
12-07-2019
01:49 AM
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Thank you, my bad. Mistook the "1447" as a schedule rather than the amount that was added to the wages.
Marc-TaxMan
Level 8
12-07-2019
01:49 AM
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There's been chatter about bad 1098-Ts causing this: Scholarships above tuition. You might want to make sure 1098-T is accurate... or wait for correction