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Author: MEC Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 118613  
Subject: Tuition Waivor Date: 3/4/2001 12:13 PM
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I received tuition waivors while in grad school last year. I received a 1098-T form from my university with little to no explanation. How is this money viewed by the government for tax purposes?

Thanks In Advance,
MEC
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Author: JABoa Big gold star, 5000 posts Feste Award Nominee! Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 47637 of 118613
Subject: Re: Tuition Waivor Date: 3/4/2001 1:24 PM
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As I recall, you are OK on taxes with the tuition waiver. So, let's say tuition is $10,000, and you are hired as a teaching assistant for a further $10,000. Your real task is to learn something and get a degree, but the school wants some work out of you. The $10,000 on the TA wages is taxable. The $10,000 on the tuition waiver isn't. There was an attempt to make it taxable a few years ago, but the education lobby beat that back. At least, that's what I recall.

By the way, fellowships (as opposed to TA stipends) used to be not taxable. I was on fellowship, ha. The real difference at the time was that TA's had to do work, and fellowship students didn't. But the law has changed, and fellows have to pay taxes too, even though they have no duties.

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