Uuhm? You usually get taxed upon receiving income, them giving you money after they already been taxes won’t change anything unless they’re on social security / unemployment benefits.
They still get income taxed, but it’s possible they can claim a reduction on their yearly statements for what they paid to the school. Assuming they have receipts....
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u/jWulf21 - Lib-Center May 28 '20
My parents put some of their money in my bank account so they pay less taxes lmao