Income — Wages, Interest, etc. Workout

Scholarship and Fellowship Income

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Case Study 1: Reporting Scholarship Income

Cassandra has received a Form W-2 for her part-time job and another Form W-2 for a college scholarship she won last year. What is the correct treatment of these income amounts?

Both Forms W-2 should be included in income on Cassandra's tax return

Cassandra only needs to report the wages from her part-time job as income

Cassandra must file a paper return and write "SCH" next to the scholarship amount

Report only her part-time income and write "SCH" next to the scholarship amount

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Scholarship and Fellowship Income
- Skills Warm Up: Reporting Scholarship Income
- Case Study 1: Reporting Scholarship Income
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Publication 4012, Tax Treatment of Scholarship and Fellowship Payments
Publication 970

Publication 4012, Tax Treatment of Scholarship and Fellowship Payments

Publication 970