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To: T-Bird45

Well then, the scholarships are salaries which are subject to state, fed and local taxes.


13 posted on 03/27/2014 7:17:35 AM PDT by Eagles6 (Valley Forge Redux)
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To: Eagles6

Actually, a lot of scholarships are considered income, and the schools send out 1099s. Most of that income is not considered taxable, but I believe some kinds of scholarships are.


17 posted on 03/27/2014 7:27:12 AM PDT by Defiant (Let the Tea Party win, and we will declare peace on the American people and go home.)
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To: Eagles6

Scholarships are “grants-in-aid” and specifically addressed as non-taxable by the IRS already. This changes nothing in that respect.


30 posted on 03/27/2014 8:29:30 AM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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