Are college work study program wages taxable? My oldest son, in college, works at a Veterans Home as his work study job. He does remember filling out a W-4, but due to the college being paperless, he only gets direct deposits of the wages, no paystubs. He saw something on the college's website about no taxes, soc. sec. etc. taken from work study positions, so now we are wondering is these wages are taxable since ultimately is was used on his education, tuition and supplies.
College work study program wages?
Work study is income just like any other income he reports on his taxes. However, when he does his FAFSA he is prompted to enter his work study income so it can be deducted.
Good luck.
Reply:Most wages are taxable and there has to be a record if the wages are going toward tuition. I would check this thoroughly to make sure I understood the full situation.
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