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Level 1

What if I'm not sure how much of a grant was used for room and board

I live at home and we used the money to pay rent
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Level 1

What if I'm not sure how much of a grant was used for room and board

The amount of scholarships and grants the exceeds what you paid for qualified tuition, fee, books and materials required for your course of study, will be taxable income. This includes amounts paid to your educational institution for room and board charges or amounts spent off-campus on rent and meals.

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Level 1

What if I'm not sure how much of a grant was used for room and board

The amount of scholarships and grants the exceeds what you paid for qualified tuition, fee, books and materials required for your course of study, will be taxable income. This includes amounts paid to your educational institution for room and board charges or amounts spent off-campus on rent and meals.

View solution in original post