MyNSPA   |   Home   |   Join the NSPA
Online Store: Learn
Main Storefront
        

Tax Reporting and Withholding of Scholarships by Scholarship Providers

Item Options
Sign in for your pricing!
Price: $35.00
Quantity: *
 
Description

Title:  Tax Reporting and Withholding of Scholarships by Scholarship Providers

Authors: By Karen E. Leaffer, Esq. and Becky Farr Seidel, Esq., Leaffer Law Group LLC

Cost: NSPA members - free, nonmembers - $35.

Description: Scholarship providers often receive conflicting information about how they are required to report scholarship payments to the IRS and the students. The confusion comes, in part, because the provider’s obligation will depend on the nature of the payment (whether the scholarship is taxable or non-taxable, and if taxable the reason why), the status of the scholarship recipient (U.S. student or foreign student, and if foreign the student’s nation of residency) and the nature of the provider (university, other public charity or private foundation). The aim of this legal brief is to help guide providers through these multi-leveled factors, and highlight the different reporting (and withholding obligations) that could apply to their organizations.

Next Steps: When you complete your purchase, you will receive a link to the PDF.

Thank you to the following organizations for their generous support!

Membership Software Powered by YourMembership  ::  Legal
This website uses cookies to store information on your computer. Some of these cookies are used for visitor analysis, others are essential to making our site function properly and improve the user experience. By using this site, you consent to the placement of these cookies. Click Accept to consent and dismiss this message or Deny to leave this website. Read our Privacy Statement for more.