What is tax-free educational assistance for the Series EE or I Bond interest exclusion?
Tax-free educational assistance for the Series EE or I Bond interest exclusion includes the following:
- A tax-free scholarship or fellowship grant
- Veterans' educational assistance
- Employer-provided educational assistance (that's not included in Box 1 of your W-2)
- Payments, waivers, or reimbursements of educational expenses under a Qualified Tuition Program (QTP)
- Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance
