Government Loan Grants

Jun-11-2008

I have no income only grants and student loans, do I have to file taxes?

student grants


I’m not sure if I have to files taxes this year, no income only grants and student loans. The amount is under 4,000 dollars. I’m a single mom of 1 but the father claims the EIC because I don’t have income.

Posted under Student Grants
4 comments
  1. George W Said,

    I don’t think you have, but I’m not really sure.

  2. swimmyfishy Said,

    go to irs.gov and ask at there 800 number.

  3. Wood Smoke Said,

    I have to tell you, that if the father didn’ t provide over half the care, provide a home for, it is possible that he shouldn’t be able to claim your son.
    I would advise you to seek the help of a tax professional

    good luck & blessing

  4. Rob Said,

    Based on the information that you provided you would not have a requirement to file a Federal Tax return, Scholarships and Grants are not considered Taxable income. Nor are they considered Earned Income for the EIC

    Qualified scholarships and fellowships are treated as tax-free amounts if all of the following conditions are met:

    You are a candidate for a degree at an educational institution,
    Amounts you receive as a scholarship or fellowship are used for tuition and fees required for enrollment or attendance at the educational institution, or for books, supplies, and equipment required for courses of instruction, and
    The amounts received are not a payment for your services
    .
    Publication 970

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