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1040 prints out with "sch 1447" written on page 1 line1. Searched for this schedule and don't find it. What is this?

edyorker
Level 2
 
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Just-Lisa-Now-
Level 15
Level 15

Scholarship income that exceeds tuition will be reported on the wages line with SCH next to it.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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4 Comments 4
Just-Lisa-Now-
Level 15
Level 15

Scholarship income that exceeds tuition will be reported on the wages line with SCH next to it.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Just-Lisa-Now-
Level 15
Level 15
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♥¸¸.•*¨*•♫♪
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edyorker
Level 2
Thank you, my bad. Mistook the "1447" as a schedule rather than the amount that was added to the wages.
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Marc-TaxMan
Level 8
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
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