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jaimerenards
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Is a scholarship income

 
posted
‎June 5, 2019 11:08 PM
last updated ‎June 05, 2019 11:08 PM
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MargaretL
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Is a scholarship income

Yes, scholarship is considered income if it is not spent on qualified education expenses.  So, if your scholarship exceeds tuition for example, the excess would be taxable income. Please see details using link below:

https://www.irs.gov/taxtopics/tc421.html

‎June 5, 2019 11:08 PM
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