Agnes receives a $5,000 scholarship that covers her tuition at Parochial High School.She may not exclude the
$5,000 because the exclusion applies only to scholarships to attend college.

Question

Quizplus · Accepted Answer

The exclusion for scholarships, according to the IRS, applies not only to college or university education but also to primary and secondary education, as long as the scholarship is used for qualified educational expenses.

Agnes Receives a $5,000 Scholarship That Covers Her Tuition at Parochial