Here’s why you might owe taxes on that scholarship

Here’s why you might owe taxes on that scholarship

Steve Debenport | E+ | Getty Images

Here’s something to remember amid college financial aid season: The IRS might want its piece of your scholarship.
Sources of “free money,” including scholarships, assistantships and grants, are instrumental in helping families afford the growing cost of college.
The average annual price tag for in-state students at a four-year state school is $21,370, according…

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