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Pell Grant Considered Income?

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E

exempt272

Junior Member
What is the name of your state? Utah

Is my pell grant or my student loans something i need to add when i put doen my total income on my 1040ez?
 


S

Snipes5

Senior Member
A loan is not income, because you have to pay it back.

A grant is only considered income to the extent that it exceeds the amount of tuition.

Snipes
 
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