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Schedule 4740

Bandicoot2
Level 2

Has anybody ever heard of or seen a "Schedule 4740?" I have a client who gave me a printout of a self prepared tax return that show "SCH 4740" on line 1 Wage, salaries, tips etc line of the 1040 page 1.

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2 Comments 2
sjrcpa
Level 15

Could it be taxable Scholarship $4,740?


Ex-AllStar
Bandicoot2
Level 2

Well this is certainly a good possibility. I will make the inquiry.

Thank you.