My grandson had to evacuate Wilmington, NC during Hurricane Florence. Cape Fear College and received 1250. Hurricane Grant. Is that amt considered taxable?

[MinhT · Accepted solution]

If this amount was paid by FEMA or another aid agency, it is not taxable.

[javarela]

Thank you!  The 1250. was fed gov grant and is included on 1098-T on line 5.  So can I just subtract that 1250. from there or do I need to fill out something else.  TT didn’t have a section to include that my grandson was in evac area.  Or did I miss that?

[MinhT]

The grant reported on the 1098-T is a scholarship. If it only covers tuition then it is not taxable.

[javarela]

Cape Fear shows that amt included in box 5.  But on their online account it specifies it is Emergency hurricane grant.  It was then sent to my grandson as a refund , TT shows it as income(?). Not used as tuition but evacuation from area.  Therefore taxable?