๐ How much scholarship money is taxable income?
inspired by r/tax ยท remixed from What is your estimated federal income tax and effective rate? โ
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Reviews of How much scholarship money is taxable income?

Finn
This calculator is a helpful tool for students trying to figure out if their financial aid and side jobs trigger a tax filing requirement. It clearly breaks down which parts of a scholarship are taxable and correctly flags the $400 gig-income threshold for self-employment filing. As a remix, it adds completely new and useful logic tailored to student scenarios rather than just reskinning the original tax estimator. You'll want to keep in mind that if you have unearned income like interest or dividends, your standard deduction as a dependent might be lower than the default used here.
Reviewed v26.8.2
Aug 13, 2026