michael-w-smith
Returning Member

Under the new tax law for 2018, will the taxable part of scholarships be taxed at the rate of 37% above $10000 like other unearned income?

Taxable part of scholarship being the amount used for room and board. It is unearned income but is not money from a 'money making enterprise' i.e. interest, etc. This is in relation to the kiddie tax rate of 2018.