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You are here: Home Categories Taxes Personal Taxes My son received an athletic scholarship, a Michigan Promise Scholarship and a Pell grant. Are any of these tax...

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Pell grant Hi i get a Pell grant , i go to college full time and i got a 1098-t form in the mail do i...

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bobintexas

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Find more related questions to My son received an athletic scholarship, a Michigan Promise Scholarship and a Pell grant. Are any of these taxable on his 1040 EZ

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Submitted 174 days ago...

floorguy

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My son received an athletic scholarship, a Michigan Promise Scholarship and a Pell grant. Are any of these taxable on his 1040 EZ

My son received an athletic scholarship, a Michigan Promise Scholarship and a Pell grant. Are any of these taxable on his 1040 EZ?

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Answer 1 / 2 - Submitted 174 days ago...

bobintexas

Brain (2,887)

It depends on how the money is spent or if a W2 or 1099 is sent to the student. The easiest way to find out is to contat the people who awarded the scholarships to see how their program is set up with the IRS. Read IRS publication 970 to see if your situation is covered. Go to www.irs.gov/publications/p970/ch01.html

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Answer 2 / 2 - Submitted 173 days ago...

nitakiz

Contributor (103)

No and. most scholarships andf grants for . college are not taxable.to the student.

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