- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
If you're looking for confirmation:
Taxable Scholarship goes on the student's return, not the parent's return.
Depending on how much other income the student has, the first $12,400 of scholarship goes untaxed, because the student gets the full $12,400 standard deduction for scholarship income.
‎April 16, 2021
4:56 AM