Scholarship money for tuition, fees, and books isn't taxable,
employee or not
Room and board and other stuff is.
and the effective tax rate is nowhere near 30%, even if you consider the non-taxable stuff to be taxable...the marginal rate isn't even that high, including state tax (assuming VA anyway)
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In response to this post by GreenvilleVT)
Posted: 09/18/2019 at 6:23PM