Hello I am a graduate student and I was awarded a student travel grant to attend a conference. For the reimbursement I was given a 1099-NEC form. Was this the correct from to have been given none of the options seem to apply and the cost jumps up significantly when I put this in.
Form 1099-NEC is only for reporting Non-Employee Compensation, so it generates Schedule C.
Whoever issued the award must feel it was payment for your service to attend the conference.
I can't say if it is or is not the correct form in your situation.
Thank you for the response.
However, how do you think I need to file it?
I am a student (only) who applied for a conference’s “travel student grant”. This grant is supposed to help pay for airfare and hotels in order to attend the conference, not any services. I do not own any business. What would you suggest they file this grant as?
thank you!