After paying for my tution, all registration expenses and books I still have around $1,500 left from the money I received as Financial aid and pell grant. Is that $1,500.00 Taxable even though I have saved that money to use for future education expenses in my personal bank account?
If yes where on 1040EZ do I put it? Would it be an other income?
Thanks in Advance
If yes where on 1040EZ do I put it? Would it be an other income?
Thanks in Advance