Skip to main content
February 5, 2021
Question

Does the CARES act go under scholarships/grants?

  • February 5, 2021
  • 1 reply
  • 0 views
In 2020, my University received money for the CARES act. I was refunded $1000. It doesn't look like this amount was accounted for on my 1098 T form. Should I add that $1000 amount to the scholarships/grants section?

1 reply

Hal_Al
Employee
February 5, 2021

No. That's tax free, just like the stimulus payment your parents got.