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Are monies awarded outside of "normal" AROTC scholarships taxable?

Discussion in 'ROTC' started by sheriff3, Feb 18, 2014.

  1. sheriff3

    sheriff3 Member

    Jan 14, 2013
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    DS received $5,000 from the university that apparently they can distribute at their discretion. Is this taxable? We will certainly consult out tax professional but I want to see if anybody here has any experience with this sort of thing? Thanks.
  2. kinnem

    kinnem Moderator 5-Year Member

    Oct 21, 2010
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    I think it probably depends on how it's spent. Since it presumably will go toward something other than tuition, then yes it would be taxable. That's my understanding anyway. Also, I expect you could report it on your DS's taxes. Assuming his income is pretty low (as is most student's) the amount owed, if anything, shouldn't be too big a deal.

    Of course tax professionals need to make a living as well and are always worth consulting. The government WILL get theirs!

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