Is the ADS Program stipend taxable?
ADS Program Scholars are encouraged to consult with the participating university in which they are considering enrolling about any tax (Federal, State, and local) consequences of receiving the ADS Program stipend. The funds for ADS Program Scholars are distributed from the AICPA Foundation directly to the host university for distribution to ADS Program Scholars. Because of varying university policies for accounting for these funds, varying state tax laws, etc., the tax consequences may be different among universities.