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Level 3
April 19, 2021
Solved

foreign scholarship

  • April 19, 2021
  • 1 reply
  • 14 views

Clients dependent attends college in England.  Child received a notice (letter) that she is a recipient of a Marshall scholarship totaling 9714 British pounds which pays full tuition. Nothing else in the letter except name of college. Should this be reported as other income?

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Best answer by BobKamman

Wow, those are even better than Rhodes scholarships.  See page 23 for tax information:

https://www.marshallscholarship.org/media/2248/2020-marshall-scholarship-handbook.pdf 

1 reply

BobKamman
BobKammanAnswer
Level 15
April 19, 2021

Wow, those are even better than Rhodes scholarships.  See page 23 for tax information:

https://www.marshallscholarship.org/media/2248/2020-marshall-scholarship-handbook.pdf