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.
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
- Get free help preparing and filing your taxes if you qualify
- 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
Forms and Publications
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) and Lifetime Learning Credit
- Eligibility to Claim an Education Credit
- Free Application for Federal Student Aid (FAFSA)
Forms and Publications