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are grants taxed

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Anonymous

14y ago
Updated: 9/10/2019

arer grants taxed

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Wiki User

14y ago

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Are college grants taxable?

No, college grants are typically not taxable as long as they are used for qualifying educational expenses such as tuition, fees, books, and supplies. However, if the grant is used for non-qualified expenses like room and board, it may be subject to tax. It is always advisable to consult with a tax professional to ensure compliance with tax laws.


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