ILLMAS Posted March 21, 2023 Report Share Posted March 21, 2023 TP graduated college in May 2022 1098-T as follows: Box 1 26,000 Scholarships 20,000 TP only paid $4000 out of pocket, TP qualifies for AOC on the $4K. TP in July starts a fellowship (non education related) and earns $20,000 and receives a 1099NEC. In the past the $20,000 would go on 1040 line 1 SCH, but now it should appear Sch 1 line r. My question is do I have to mix the 1098-T with the 1099 to show the $20,000 on line r and the TP loses the AOC credit for the $4,000? Thanks Quote Link to comment Share on other sites More sharing options...
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