The Internal Revenue Service (IRS) provides information on scholarships that may be taxed in their Publication 970. The Haverford College Business Office issues the 1098-T each year and you may contact them if you have questions about the information on that form.
The Haverford College Business Office issues a W-2 form for all taxable, work study wages earned at the College, and you may contact them if you have any questions about the information on that form. For information on whether you must file a Pennsylvania Income Tax Return or your home state's return, please contact the Commonwealth of Pennsylvania-Department of Revenue and your state's tax department. IRS tax forms and instructions are usually available at local post offices after Jan. 1. Pennsylvania State income tax forms are usually available at local public libraries. You may also download forms and publications directly from the IRS Web Site.
The American Opportunity Credit and Lifetime Learning Tax Credits
Excluding Work-Study on the FAFSA
Federal Department of Education regulations require students to exclude job earnings from the Federal Work-Study Program or any other need-based work programs by entering them on the FAFSA. Please see the instructions on the FAFSA. Any Work-Study listed on your Financial Aid Decision (i.e. either Federal or Haverford) can be considered "need-based" for this purpose. Actual amounts earned are on the payroll check stub provided to you by the Haverford College Business Office. Please refer questions about the amount of income taxes withheld from your Work-Study wages to the Business Office.
For specific details we must again refer you to the IRS or your tax advisor. The Controller of the College does send a statement to the IRS regarding the amount of aid International Students have received from the College.