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Mitch12 387 Views

Joined: Oct 26, '10; Posts: 2 (0% Liked)

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    [FONT="Tahoma"]I just received my packet in the mail...

    The entire scholarship amount including the educational expenses covered is taxable because it involves a service commitment. I believe, therefore, that we can still claim the lifetime learning or other applicable educational tax credit or deduction.
    Does anyone know for sure if that's the case?