Comments on: Do student grants and scholarships count on higher education tax break? http://governmentloangrants.com/articles/do-student-grants-and-scholarships-count-on-higher-education-tax-break Sat, 20 Dec 2008 20:05:49 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Elizabeth S http://governmentloangrants.com/articles/do-student-grants-and-scholarships-count-on-higher-education-tax-break/comment-page-1#comment-1538 Elizabeth S Tue, 08 Apr 2008 05:53:10 +0000 http://governmentloangrants.com/articles/do-student-grants-and-scholarships-count-on-higher-education-tax-break#comment-1538 The scholarships count as income. The tuition part is a tax break. This form has been reported to the IRS, so report it all. You must use the 1040 form. The scholarships count as income. The tuition part is a tax break. This form has been reported to the IRS, so report it all. You must use the 1040 form.

]]> By: faspecialist http://governmentloangrants.com/articles/do-student-grants-and-scholarships-count-on-higher-education-tax-break/comment-page-1#comment-1537 faspecialist Fri, 04 Apr 2008 21:01:21 +0000 http://governmentloangrants.com/articles/do-student-grants-and-scholarships-count-on-higher-education-tax-break#comment-1537 The $2700 tuition and fees minus the $2000 covered by scholarships and grants = $700 that will be eligible for tax credits. There are different tax credits so please seek tax advice from a taxpro that can help you figure out which one is best for you. The $2700 tuition and fees minus the $2000 covered by scholarships and grants = $700 that will be eligible for tax credits.

There are different tax credits so please seek tax advice from a taxpro that can help you figure out which one is best for you.

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