I applied for a graduate degree with tuition waiver for over age 62 residents in my state. The university said it is generally not taxable. Is there a reference to this?

I cannot find anything and cannot afford a 'surprise' 109-something of any kind. I do not see any reference to this in Turbo Tax as taxable. It is a straight waiver.

357

Level 15

Mar 27, 2023 12:13:57 PM

Pub 970, chapter 1. https://www.irs.gov/pub/irs-pdf/p970.pdf

A tuition waiver is only a discounted price.

Any scholarship used for qualified expenses (tuition) is tax free.

If you received no document reporting this (1099, 1098-T), you have nothing to be concerned with. Even when a 1098-T is used, the box 1 amount offsets the box 5 amount.

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I applied for a graduate degree with tuition waiver for over age 62 residents in my state. The university said it is generally not taxable. Is there a reference to this?