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| martin lynch wrote: - quote - > If all of my scholarship money was applied towards tuition,
No reporting required.> I understand that it is not taxed. However, do I still > report it? Taxcut does not seem to give me the option of > reporting my scholarship money, then specifying that none of > it is taxable. Do I just not report it at all? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
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| martin lynch wrote: - quote - > If all of my scholarship money was applied towards tuition,
Correct. But keep documented proof in your records for at> I understand that it is not taxed. However, do I still > report it? Taxcut does not seem to give me the option of > reporting my scholarship money, then specifying that none of > it is taxable. Do I just not report it at all? least three years. ChEAr$, Harlan Lunsford, EA n LA thu 9 Mar 2006 [at] hh << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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| "martin lynch" <odiegoogle[at]yahoo.com> wrote: - quote - > If all of my scholarship money was applied towards tuition,
Nope> I understand that it is not taxed. However, do I still > report it? -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
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| If all of my scholarship money was applied towards tuition, I understand that it is not taxed. However, do I still report it? Taxcut does not seem to give me the option of reporting my scholarship money, then specifying that none of it is taxable. Do I just not report it at all? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| money, reporting, scholarship |
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