Has anyone verified this? The notion that ROTC scholarships have been removed as the taxable income? I too am trying to determine if monies provided to ROTC scholarship recipients by my son's university for room & board are taxable or not.
There seems to be 2 different issues here:
a) are ROTC scholarships taxable (in the event that the amount is more than tuition and qualified expenses)
b) if room and board monies are offered by the university for said ROTC scholarship winners, is that taxable? (I think it's pretty clear that room & board is not a qualified education expense but does the fact that ROTC scholarhips aren't taxable [if that is true] affect this?
