How Do I Claim My Pell Grant on my Taxes?
I understand that the Pell Grant is no-taxable if you spent the money on education expenses, but i have a few questions about this. Will i get a W2 or anything for my grant? How do i show that the money was spent on school expenses? And what do they consider school expenses? That term is so vague. Thank you for any info. I just want to figure this out so i can get my taxes done ASAP.
You don’t have to prove it was spent on school expenses. You probably won’t receive anything. I never have. If you’re a student, then they assume that you’re paying for tuition, books, room and board and that’s all considered school expenses. I doubt that you received enough from the pell grant alone to cover all of that completely. Therefore, you must have spent it all on school.
