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Do I have to report any grants, scholarships or fellowships on myFederal Income tax return?

April 26, 2017fellowships Grants report Return scholarships

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Do I have to report any grants, scholarships or fellowships on myFederal Income tax return?

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Part or all of a grant, scholarship or fellowhsip may be taxable even if you do not receive a W-2 form. If you are in a degree program, the amount you use for expenses other than tuition and course-related expenses are taxable (e.g. Amounts used for room, board and travel are taxable).