How would you report a college scholarship for tuition expenses on your tax return?

1 answer

Answer

1093494

2026-03-04 09:35

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you don't have to report scholarships used for tuition and

course-related expenses

== ans ==

The prior response is wrong.

Scholarships and grants may not be taxable, but the are absolutely reportable.

Not reporting them (correctly) may make them taxable, with penalties and interest in fact.

The way to determine what you need to do, especially as the terms get applied to things that may not qualify, or may actually qualify as certain types, or a rant Vs a scholarship Vs a stipend, Vs etc., (needing different reporting) is:

http://www.irs.gov/publications/p970/ch01.html

A "plain English" publication of the IRS that explains it, and gives examples fully.

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