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Level 1
February 5, 2021
Question

Does the CARES act go under scholarships/grants?

In 2020, my University received money for the CARES act. I was refunded $1000. It doesn't look like this amount was accounted for on my 1098 T form. Should I add that $1000 amount to the scholarships/grants section?

1 reply

Hal_Al
Level 15
Level 15
February 5, 2021

No. That's tax free, just like the stimulus payment your parents got.