[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-3576":3},{"rec_id":4,"title":5,"text":6},"3576","Scholarships and Grants","Menu Path: \u003Ci>Income > Common Income > Wages (W-2)\u003C/i>\r\n\u003Cbr> - or - \u003Cbr> \r\nMenu Path: \u003Ci>Income > Uncommon Income > Other Income\u003C/i>\r\n\u003Cbr>\u003Cbr>\r\nScholarships are usually not taxable income. Scholarships and grants are not taxable if used for tuition, fees, books, supplies, or equipment required for your classes at a qualified school. If a scholarship or grant is taxable, you will generally receive a \u003Cspan style=\"white-space: nowrap;\">\u003Ci>W-2\u003C/i>\u003C/span> with the taxable amount on it. If you didn't receive a \u003Cspan style=\"white-space: nowrap;\">\u003Ci>W-2\u003C/i>\u003C/span>, enter the amounts you used for expenses other than tuition, required fees, books, supplies, and equipment. For example, amounts used for room, board, and travel are taxable income.\u003Cbr>\u003Cbr> \r\n\r\nIf the scholarship or grant is taxable and reported on \u003Cspan style=\"white-space: nowrap;\">\u003Ci>Form W-2\u003C/i>\u003C/span>, then it will be entered as a regular \u003Cspan style=\"white-space: nowrap;\">\u003Ci>W-2\u003C/i>\u003C/span> on the \u003Ci>Wages (Form W-2)\u003C/i> screen.\u003Cbr>\u003Cbr>\r\n \r\nIf the scholarship or grant is taxable and not reported on \u003Cspan style=\"white-space: nowrap;\">\u003Ci>Form W-2\u003C/i>\u003C/span>, then it will be entered on the \u003Ci>Other Sources of Income\u003C/i> screen. \u003Cbr>\u003Cbr>\r\n\r\nIn rare circumstances, you might receive a \u003Cspan style=\"white-space: nowrap;\">\u003Ci>Form 1099-G\u003C/i>\u003C/span> with taxable scholarship income and corresponding federal tax withheld. Enter this on the \u003Ci>Other Sources of Income\u003C/i> screen.",1777391559063]