
My Daughter Got a Full Ride Scholarship...What Do I Do
Ramsey Everyday Millionaires
00:00
How Do You Distribute the Scholarship?
You are allowed to remove that much from the five 29 tax free, and turn that in on yourfila form with your tax return. You need to pay up with paper work in case of an audit, and make sure everything's taking care of. If you get a 13 thousand dollar scholarship for tuition for the year,. You take 13 out with no taxes and no penalties. The difference is substantial. Even if investments do poorly, there're still going to be four or five x what that money market's going to be. Oun, our next child is 14, an tis wore wilter the downs tun ad, then we be below ast poor. I mean, it would have
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