515568
You'll need to sign in or create an account to connect with an expert.
If your scholarship amount exceeds the tuition amount, the difference will be taxable as wages on Form 1040. If all your tuition is used to pay for tuition, it will not be taxable. In fact, if you have paid your required education expenses out of pocket, you may claim an education credit.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
bees_knees254
New Member
Liangtwn
Level 2
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
rhartmul
Level 2
MeeshkaDiane
Level 2
atlg8or
New Member