Coronavirus (COVID-19) Tax Relief IRS is offering coronavirus tax relief (check back for frequent updates). Economic Impact Payments (Stimulus): What you need to know Tools Get Your Tax Information for FAFSA Get Your Transcript or Non-Filing Letter When filing a tax return, you may need to include scholarships and grants as taxable income. Tax benefits for higher education, such as loan interest deductions, credits and tuition programs, may help lower the tax you owe. Filing Determine if you need to file a tax return and include your scholarships or grants as income. Find out if you need to file a tax return Use IRS Free File online to file your return or extension Learn about whether your scholarship or grant is tax-free Use the Interactive Tax Assistant to determine if you should include your scholarship, fellowship, or education grant as income Tax Withholding (Paycheck Checkup) Forms and Publications Publication 5307, Tax Reform Basics for Individuals and Families (PDF) PDF Tax Benefits for Higher Education Find tax benefits such as student loan interest deductions, qualified tuition programs (529 plans), Coverdell Education Savings Accounts, and other credits and deductions. See also: American Opportunity Tax Credit (AOTC) Lifetime Learning Credit Eligibility to Claim an Education Credit Free Application for Federal Student Aid (FAFSA) Forms and Publications Publication 970, Tax Benefits for Education Form 8863, Education Credits (American Opportunity and Lifetime Learning Credits) Form 1098-E, Student Loan Interest Statement Form 1098-T, Tuition Statement Form 8917, Tuition and Fees Deduction International Students Foreign Students and Scholars Taxpayer Identification Numbers (TINs)
