<p>I received a couple scholarships, and I have a hard time figuring out if they are tax-able or tax-exempt.</p>
<p>For the ones which I receive a check, I believe they are all tax-able. Though, all of them are written to Berkeley, instead of written to me. So, I am not exactly sure. I even contacted my scholarship providers, but the staffs working there have no clue.</p>
<p>Even though I didn't get any Grants, would they be tax-exempt? I would assume they would because the school can say that they give you a discounted tuition instead of giving you a chunk of money which will account to your income.</p>
<p>Hopefully someone on CC have experience with this before and can help me differentiate those that would be tax-able and those that would be tax-exempt. Thanks in advance.</p>
<p>Hmmm, I was under the impression that scholarships are tax exempt, but I don't know for sure. I can tell you that I've never been taxed on University scholarships or for a research Fellowship (for which they literally handed me a check). I don't know otherwise, though.</p>
<p>I think scholarships that are used to pay tuition, mandatory fees, mandatory books are all tax exempt. Monies used for room and board and other school stuff that's not REQUIRED by the school is taxable.</p>
<p>From my experience I don't believe that's true, ConanFan. The $3,000 Fellowship I got could be used for anything. The scholarship I received from Berkeley could be used for anything. Of course, if you lived on campus, they automatically deducted quantities for your dormitory housing and food, tuition, etc. However, living off campus last year, they just stuck the money into my account to do whatever with I wanted (after deducting my tuition from the amount). I've never seen taxes applied to my scholarship.</p>
<p>The taxes don't come into play until you file your federal income tax return. You should receive a tax form from your school that they also send to the IRS.</p>