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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.
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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