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tax on college loan refunds |
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Ask a Lawyer QuestionCountry: United States of AmericaState: All States/Provinces I'm attending college for the first time this year. I received grants and loans. The college gave me refund checks each semester for money that was leftover from the grants and loans.Do I owe tax on this money as income? AnswerWe normally do not give tax advice on this site; you may check with the IRS directly; or your accountant; or the H & R Block web site for 20 dollars: HR Block Tax Advisor link --How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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