SlideShare a Scribd company logo
1 of 1
Download to read offline
Question 4-10c) If an employer provides a scholarship to an employee who is on leave of
absence, is that scholarship taxable?
Solution
They are non taxable if scholarship paid to a student at an institute for the purpose of study and
the amount received is used for to pay for tuition and fees required for enrollment or attendance
at the educational institution, or for fees, books, supplies, and equipment required for courses at
the educational institution.
if scholarship is paid by an employer to an employee it will be included in the gross total income
and will be taxable

More Related Content

More from alamshoes001

Question 4 Please match the concept on the left with most appropri.pdf
Question 4 Please match the concept on the left with most appropri.pdfQuestion 4 Please match the concept on the left with most appropri.pdf
Question 4 Please match the concept on the left with most appropri.pdf
alamshoes001
 
Question 31Which statement does NOT provide an accurate characteri.pdf
Question 31Which statement does NOT provide an accurate characteri.pdfQuestion 31Which statement does NOT provide an accurate characteri.pdf
Question 31Which statement does NOT provide an accurate characteri.pdf
alamshoes001
 
Question 13 of 251.0 PointsAccepted characters numbers, decimal p.pdf
Question 13 of 251.0 PointsAccepted characters numbers, decimal p.pdfQuestion 13 of 251.0 PointsAccepted characters numbers, decimal p.pdf
Question 13 of 251.0 PointsAccepted characters numbers, decimal p.pdf
alamshoes001
 
Question 1Using this 2 x 2 table, determine which of the following.pdf
Question 1Using this 2 x 2 table, determine which of the following.pdfQuestion 1Using this 2 x 2 table, determine which of the following.pdf
Question 1Using this 2 x 2 table, determine which of the following.pdf
alamshoes001
 
QUESTION 1The financial manager is responsible for making decision.pdf
QUESTION 1The financial manager is responsible for making decision.pdfQUESTION 1The financial manager is responsible for making decision.pdf
QUESTION 1The financial manager is responsible for making decision.pdf
alamshoes001
 
QUESTION 1The Fed has the most control overA. money mark.pdf
QUESTION 1The Fed has the most control overA. money mark.pdfQUESTION 1The Fed has the most control overA. money mark.pdf
QUESTION 1The Fed has the most control overA. money mark.pdf
alamshoes001
 
Question 1Table Statistics for a Small EconomySTATISTICS .pdf
Question 1Table Statistics for a Small EconomySTATISTICS .pdfQuestion 1Table Statistics for a Small EconomySTATISTICS .pdf
Question 1Table Statistics for a Small EconomySTATISTICS .pdf
alamshoes001
 
Question 1Given the financial statements below for Firefly Enterpr.pdf
Question 1Given the financial statements below for Firefly Enterpr.pdfQuestion 1Given the financial statements below for Firefly Enterpr.pdf
Question 1Given the financial statements below for Firefly Enterpr.pdf
alamshoes001
 
Question 1A narrowly diverse culture is always desirable in organi.pdf
Question 1A narrowly diverse culture is always desirable in organi.pdfQuestion 1A narrowly diverse culture is always desirable in organi.pdf
Question 1A narrowly diverse culture is always desirable in organi.pdf
alamshoes001
 
Question 1.How does social class impact a persons lifeQuestion .pdf
Question 1.How does social class impact a persons lifeQuestion .pdfQuestion 1.How does social class impact a persons lifeQuestion .pdf
Question 1.How does social class impact a persons lifeQuestion .pdf
alamshoes001
 
Question 11Contingency theories try to predict leadership efficien.pdf
Question 11Contingency theories try to predict leadership efficien.pdfQuestion 11Contingency theories try to predict leadership efficien.pdf
Question 11Contingency theories try to predict leadership efficien.pdf
alamshoes001
 

More from alamshoes001 (19)

QUESTION 41.      At Edfu, the main cult center of the god _______.pdf
QUESTION 41.      At Edfu, the main cult center of the god _______.pdfQUESTION 41.      At Edfu, the main cult center of the god _______.pdf
QUESTION 41.      At Edfu, the main cult center of the god _______.pdf
 
Question 4 Please match the concept on the left with most appropri.pdf
Question 4 Please match the concept on the left with most appropri.pdfQuestion 4 Please match the concept on the left with most appropri.pdf
Question 4 Please match the concept on the left with most appropri.pdf
 
Question 31Which statement does NOT provide an accurate characteri.pdf
Question 31Which statement does NOT provide an accurate characteri.pdfQuestion 31Which statement does NOT provide an accurate characteri.pdf
Question 31Which statement does NOT provide an accurate characteri.pdf
 
Question 2Marathon runner Mariah Li noticed the San Diego Zoo was .pdf
Question 2Marathon runner Mariah Li noticed the San Diego Zoo was .pdfQuestion 2Marathon runner Mariah Li noticed the San Diego Zoo was .pdf
Question 2Marathon runner Mariah Li noticed the San Diego Zoo was .pdf
 
question 29E on chapter 2.6. Finding the vecolicy of the car. dont u.pdf
question 29E on chapter 2.6. Finding the vecolicy of the car. dont u.pdfquestion 29E on chapter 2.6. Finding the vecolicy of the car. dont u.pdf
question 29E on chapter 2.6. Finding the vecolicy of the car. dont u.pdf
 
Question 13 of 251.0 PointsAccepted characters numbers, decimal p.pdf
Question 13 of 251.0 PointsAccepted characters numbers, decimal p.pdfQuestion 13 of 251.0 PointsAccepted characters numbers, decimal p.pdf
Question 13 of 251.0 PointsAccepted characters numbers, decimal p.pdf
 
Question 1Using this 2 x 2 table, determine which of the following.pdf
Question 1Using this 2 x 2 table, determine which of the following.pdfQuestion 1Using this 2 x 2 table, determine which of the following.pdf
Question 1Using this 2 x 2 table, determine which of the following.pdf
 
QUESTION 1The financial manager is responsible for making decision.pdf
QUESTION 1The financial manager is responsible for making decision.pdfQUESTION 1The financial manager is responsible for making decision.pdf
QUESTION 1The financial manager is responsible for making decision.pdf
 
QUESTION 1The Fed has the most control overA. money mark.pdf
QUESTION 1The Fed has the most control overA. money mark.pdfQUESTION 1The Fed has the most control overA. money mark.pdf
QUESTION 1The Fed has the most control overA. money mark.pdf
 
Question 1Table Statistics for a Small EconomySTATISTICS .pdf
Question 1Table Statistics for a Small EconomySTATISTICS .pdfQuestion 1Table Statistics for a Small EconomySTATISTICS .pdf
Question 1Table Statistics for a Small EconomySTATISTICS .pdf
 
Question 1Given the financial statements below for Firefly Enterpr.pdf
Question 1Given the financial statements below for Firefly Enterpr.pdfQuestion 1Given the financial statements below for Firefly Enterpr.pdf
Question 1Given the financial statements below for Firefly Enterpr.pdf
 
Question 1A narrowly diverse culture is always desirable in organi.pdf
Question 1A narrowly diverse culture is always desirable in organi.pdfQuestion 1A narrowly diverse culture is always desirable in organi.pdf
Question 1A narrowly diverse culture is always desirable in organi.pdf
 
Question 10GapThe GAP clothing chain was founded in 1969, by Don.pdf
Question 10GapThe GAP clothing chain was founded in 1969, by Don.pdfQuestion 10GapThe GAP clothing chain was founded in 1969, by Don.pdf
Question 10GapThe GAP clothing chain was founded in 1969, by Don.pdf
 
Question 1.How does social class impact a persons lifeQuestion .pdf
Question 1.How does social class impact a persons lifeQuestion .pdfQuestion 1.How does social class impact a persons lifeQuestion .pdf
Question 1.How does social class impact a persons lifeQuestion .pdf
 
Question 15 Which of the following financial statements provides inv.pdf
Question 15 Which of the following financial statements provides inv.pdfQuestion 15 Which of the following financial statements provides inv.pdf
Question 15 Which of the following financial statements provides inv.pdf
 
Question 13On the television show Threshold, there are people who .pdf
Question 13On the television show Threshold, there are people who .pdfQuestion 13On the television show Threshold, there are people who .pdf
Question 13On the television show Threshold, there are people who .pdf
 
Question 18 A primary disadvantage of the Corporate form of organiza.pdf
Question 18 A primary disadvantage of the Corporate form of organiza.pdfQuestion 18 A primary disadvantage of the Corporate form of organiza.pdf
Question 18 A primary disadvantage of the Corporate form of organiza.pdf
 
QUESTION 161.    The area around Dendera in Upper Egypt served as .pdf
QUESTION 161.    The area around Dendera in Upper Egypt served as .pdfQUESTION 161.    The area around Dendera in Upper Egypt served as .pdf
QUESTION 161.    The area around Dendera in Upper Egypt served as .pdf
 
Question 11Contingency theories try to predict leadership efficien.pdf
Question 11Contingency theories try to predict leadership efficien.pdfQuestion 11Contingency theories try to predict leadership efficien.pdf
Question 11Contingency theories try to predict leadership efficien.pdf
 

Recently uploaded

The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
heathfieldcps1
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
kauryashika82
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
ciinovamais
 

Recently uploaded (20)

Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
fourth grading exam for kindergarten in writing
fourth grading exam for kindergarten in writingfourth grading exam for kindergarten in writing
fourth grading exam for kindergarten in writing
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 

Question 4-10c) If an employer provides a scholarship to an employee.pdf

  • 1. Question 4-10c) If an employer provides a scholarship to an employee who is on leave of absence, is that scholarship taxable? Solution They are non taxable if scholarship paid to a student at an institute for the purpose of study and the amount received is used for to pay for tuition and fees required for enrollment or attendance at the educational institution, or for fees, books, supplies, and equipment required for courses at the educational institution. if scholarship is paid by an employer to an employee it will be included in the gross total income and will be taxable