Wednesday, April 7, 2010

Are veterans college scholarships taxable In Missouri

Are veterans college scholarships taxable In Missouri?
My husband was a college student for the last two years, received enough money just to pay for supplies i.e. books, paper, gasoline, etc. How would he find out if it is taxable here in missouri? No...I know the difference between veteran's benefits and veteran's scholarships. I'm talking about scholarships....
United States - 3 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
Try this one................ http://dor.mo.gov/
Answer 2 :
VA education benefits are not taxable in MO, including the monthly living stipend component. Other scholarships and grants (for anyone, not just vets) are not taxable as long as the money was used for qualified tuition & fees. MO follows federal law on the taxation of scholarships and grants.
Answer 3 :
I tnink you mean veteran's benefits - not scholarships. No, they are not taxable income.





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