Federal Work-Study Income

What about Federal Work-Study income? Is this taxable?


Yes. Any money received as the result of work (i.e. Work-Study employment, temporary employment on- or off-campus, some fellowships, etc.) is considered taxable income. You will be asked to file a withholding form (W-4) and you will receive a statement of income and taxes withheld form (W-2) each calendar year. Your taxable earnings from need-based employment must also be reported on your Free Application for Federal Student Aid (FASFA). Questions regarding your withholding status should be directed to the University Payroll Office.

Was this helpful?
0 reviews

Details

Article ID: 7828
Created
Tue 4/19/22 12:49 PM
Modified
Wed 6/8/22 7:07 PM