What is the proper procedure for grants/ scholarship money when filing our taxes?

February 13th, 2009 | by admin |
  1. One Response to “What is the proper procedure for grants/ scholarship money when filing our taxes?”

  2. By Lux et Veritas et Veritas on Feb 16, 2009 | Reply

    I think the answer to this question is complicated and depends on how much you received in grants, compared to how much you paid in tuition (not including books and supplies!).

    You should probably try asking this in the Tax forum rather than here in Higher Education, because this looks like a question that you will need a tax expert (such as a tax attorney or financial adviser) to answer correctly. The last thing you want to do is make a mistake on your tax form and get audited by the IRS!

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