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Anacardier
Anacardier asked in Business & FinanceTaxesUnited States · 7 years ago

I don't work, but get financial aid. Do I have to file taxes?

I get financial aid through grants & scholarships. Do I have to file taxes? So far, I've only been using my mom's tax return info for FAFSA. Am I supposed to file taxes and use my own info on FAFSA also? I'm a dependent.

Curious because the only two boxes for financial aid on FAFSA are 'financial aid received by parent', and 'financial aid received by student'. When I enter information into 'financial aid received by student' it says I have to also report a gross income.

Thanks in advance!

2 Answers

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  • Cathi K
    Lv 7
    7 years ago
    Favorite Answer

    If you receive more grants than education expenses then the difference is taxable. Usually if you do not work you do not have to file.

  • tro
    Lv 7
    7 years ago

    if you have no income there is no reason to file a tax return

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