Is a new instrument considered school supplies?

celesteroberts
Wed, 10 Apr 2013 14:57:42 +0000

Thanks, kmcmom. This is very helpful, answers a question I have as well. Mostly because of the tax issue. I’ve been reading IRS pubs to try to understand the taxability of scholarships. It’s a bit vague, saying scholarship money used to pay for materials required by all students in your course of study are nontaxable, but not many concrete examples given. Since my D has a music scholarship on top of the non-taxable tuition/fee one, we are wondering how this will impact our taxes. She is an oboist and probably has to buy an English horn once at college. I think that one item will use up the music scholarship the first year. Sounds like if she can get the FAO to increase COA, that should make it OK with IRS.