Enter your The World of Accounting For Professional Accountants username.
Enter the password that accompanies your username.

Poll

Best personal finance software?:

States

Articles : 57
Submited Firms : 97
Glossary Words : 3236
Jobs Request : 3
Group Members : 4227
Excel Files : 113
PPT Files : 665
PDF Files : 31

Who's online

There are currently 0 users and 3 guests online.

TAX ON SCHOLARSHIPS OR FELLOWSHIPS

Submission of a form on this page may not work as you do not appear to have JavaScript enabled in your browser.

charges levied on grants received by a degree candidate at a university. An exclusion is available only for amounts used for tuition, fees, and course-related costs. This exclusion does not apply to amounts paid for teaching,research, or other related services. Thus funds received for scholar-ships and fellowships are includable in gross income for tax purposes except for those directly related to pursuing a degree.