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Would books and materials count as Education expenses even though I paid for them with my pell grant?

 
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3 Replies
PageG
New Member

Would books and materials count as Education expenses even though I paid for them with my pell grant?

Hi there, 

In some cases, books and course-related materials can be deducted, even if you paid for them with a loan or grant (or any other method). But there are certain rules and guidelines that apply. We'll ask you questions to determine if your books and materials can be deducted as you go through the Education section in TurboTax (under Deductions & Credits). 

See this FAQ for more info: https://ttlc.intuit.com/replies/3301760

 

Would books and materials count as Education expenses even though I paid for them with my pell grant?

Thank you, the reason I asked is because it seems my Pell Grant is being included as taxable income.  I say this because they have me as owing the IRS after entering my 1098-T information.
PageG
New Member

Would books and materials count as Education expenses even though I paid for them with my pell grant?

See this article. If any of the Pell Grant is used on non-qualified expenses (such as room and board), it can be considered taxable. <a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/Do-You-Have-to-Claim-Pell-Grant-Mone...>

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