Fellowships & Grants

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Tax Information for American Citizens

The ASF is not required to report your award to the IRS so you will not be receiving a 1099 form from us. However, under the Tax Reform Act of 1986, you may be responsible to report award funds as part of gross income for U.S. income tax purposes.

For degree candidates, the portion of your fellowship used for the following is not subject to taxation:

  1. Tuition and fees (NOT including room and board) required for enrollment or attendance at an educational institution;
  2. Fees, books, supplies and equipment required for your course of study.

 

To the extent that any or all of the fellowship payment(s) received does not qualify for exclusion under the items above, it is taxable income and must be reported as such on your tax return.

For additional guidance in learning about your U.S. tax obligations, you may want to consult the following IRS on-line publication 970:

“Tax Benefits for Education” (Adobe PDF).

If you have any additional questions about the taxability of your award, please contact the ASF fellowships and grants department (grants@amscan.org).