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Relationship Discussion (non-explicit)
Reply to "Best revenge you ever got on someone?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Are college scholarships now taxed?[/quote] No. Graduate stuxents doing work towards their PhDs get a salary called a stipend. That will be taxed. And if your employer gives tuition assistance that will be taxed. [/quote] It's more than just taxing the stipend. Many graduate degrees are tuition free. The GOP bill proposes to tax the value of that education. So right now, a grad student earns $20,000 and gets and education worth $80,000. Right now, that grad student, if they have other income will pay on that $20,000. In the future, they would have to pay taxes on $100,000. So much winning.[/quote]
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