[GuidedPathways] FW: Taxability of CARES Act aid to students

[Kristi Wellington Baker]

Great news for students!

“I did then what I knew how to do. Now that I know better, I do better.”
― Maya Angelou

Kristi Wellington-Baker | Student Success Center Director
Pronouns: She/Her/Hers
Washington State Board for Community & Technical Colleges
1300 Quince St SE | PO Box 42495
Olympia, WA 98504-2495
p: 360.704.1022 | c: 509.301.8466 | kwellingtonbaker at sbctc.edu<mailto:kwellingtonbaker at sbctc.edu>
sbctc.edu<https://www.sbctc.edu/> • Twitter: @SBCTCWashington<https://twitter.com/SBCTCWashington> • Facebook: @WASBCTC

Link to: COVID-19 REMOTE LEARNING RESOURCES<https://www.sbctc.edu/colleges-staff/programs-services/student-success-center/remote-learning-resources.aspx>

From: Carli Schiffner <cschiffner at sbctc.edu>
Sent: Monday, May 11, 2020 7:17 AM
To: Ana Ybarra <aybarra at sbctc.edu>; Bill Moore <bmoore at sbctc.edu>; Darby Kaikkonen <dkaikkonen at sbctc.edu>; Jamilyn Penn <jpenn at sbctc.edu>; Joe Holliday <jholliday at sbctc.edu>; Jon Kerr <jkerr at sbctc.edu>; Karl Ludeman <kludeman at sbctc.edu>; Kristi Wellington Baker <kwellingtonbaker at sbctc.edu>; Mark Jenkins <mjenkins at sbctc.edu>; Nate Humphrey <nhumphrey at sbctc.edu>; Scott Copeland <scopeland at sbctc.edu>
Subject: FW: Taxability of CARES Act aid to students



From: Jan Yoshiwara <jyoshiwara at sbctc.edu<mailto:jyoshiwara at sbctc.edu>>
Sent: Sunday, May 10, 2020 9:19 PM
To: Cherie Berthon <cberthon at sbctc.edu<mailto:cberthon at sbctc.edu>>; Carli Schiffner <cschiffner at sbctc.edu<mailto:cschiffner at sbctc.edu>>; Ha Nguyen <hnguyen at sbctc.edu<mailto:hnguyen at sbctc.edu>>; Joe Holliday <jholliday at sbctc.edu<mailto:jholliday at sbctc.edu>>
Subject: FW: Taxability of CARES Act aid to students

Good news!

Jan Yoshiwara
Executive Director
Washington State Board for Community and Technical Colleges

From: Sonny Ramaswamy <sonny at nwccu.org<mailto:sonny at nwccu.org>>
Sent: Friday, May 8, 2020 8:34 AM
To: Sonny Ramaswamy <sonny at nwccu.org<mailto:sonny at nwccu.org>>
Subject: Taxability of CARES Act aid to students

Colleagues, recall a few weeks ago I sent you information on the question of taxability of the CARES Act aid to students, which came up even yesterday at the Virtual Town Hall conversations I have been holding.

Great news. The IRS has now stated that such aid to students is not taxable. Yay!

https://www.irs.gov/newsroom/faqs-higher-education-emergency-relief-fund-and-emergency-financial-aid-grants-under-the-cares-act?utm_source=Iterable&utm_medium=email&utm_campaign=campaign_1202191&cid=db&source=ams&sourceId=37599

Stay safe and have a wonderful weekend.



--
#CloseEquityGaps

Sonny Ramaswamy, President
Northwest Commission on Colleges and Universities
8060 165th Avenue NE | Redmond, WA 98052
Email: sonny at nwccu.org<mailto:sonny at nwccu.org>
Tel: 425-558-4224
URL: http://www.nwccu.org
Twitter: @NWCCUSonny


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.ctc.edu/pipermail/guidedpathways_lists.ctc.edu/attachments/20200511/96aea77b/attachment-0002.html>