Do I need to report financial aid on my income taxes? See details.?

jonny j

New member
I have received lots of federal pell grant funds last year. I used these funds for educational related expenses. Would I need to report these funds? Since I used the pell grant money to pay for these expenses, would I actually report those items paid for by the grant as expenses?

Thank you!! 10 Pts for the best answer!
 
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