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    msn0809's Avatar
    msn0809 Posts: 1, Reputation: 1
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    #1

    Mar 16, 2006, 11:02 PM
    Taxable scholarship ?
    Dear Atlanta Tax Expert,

    I am filing 1040 NR EZ for 2005(Indian resident on H-1 B since September 2005)

    1.I was a student until August 2005. I received a scholarship during my Masters, by which my out of state tax was exempted and I also got a $ 500 scholarship in January 2005. Is the scholarship and/or waiver tax exempt?

    2. What is the treaty article for India tax treaty for the $ 5000 benefit?

    3. Which line of the 1040 NR EZ do I claim the $ 3400 personal exemption?

    Thank you very much,

    Madhav
    amitg1980's Avatar
    amitg1980 Posts: 6, Reputation: 1
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    #2

    Mar 16, 2006, 11:49 PM
    Hi Madhav,

    I can't answer your first question, but answers to other two are given below:

    2. What is the treaty article for India tax treaty for the $ 5000 benefit?
    Article 21 (2)

    3. Which line of the 1040 NR EZ do I claim the $ 3400 personal exemption?
    I think the amount is $3200 (please correct me is I am wrong), line number 13 on 1040NR-EZ
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Mar 17, 2006, 10:04 PM
    Madhav:

    Amit's answers are correct.

    The scholarships are not taxable.
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