I have an educational stipend I don't know how to file

spittaa · ‎June 4, 2019

IsabellaG · ‎June 4, 2019

Did you receive an actual 1099-MISC for this income? Unless you did, you should report your stipend as follows:

Go to Federal Taxes > Wages and Income
Scroll to the Less Common Income section and choose Miscellaneous Income (the last choice)
Choose Other income not already reported on a Form W-2 or Form 1099
Answer Yes on the Other Wages Received screen
Continue past Wages Earned as a Household Employee and Sick or Disability Pay
Answer Yes on the Any Other Earned Income screen
Choose Other on the Enter Source of Other Earned Income screen
Enter your stipend information on the Any Other Earned Income screen.

This will report your stipend on line 7 of your Form 1040, and you will not be subject to Self-Employment Tax.

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IsabellaG · ‎June 4, 2019

Did you receive an actual 1099-MISC for this income? Unless you did, you should report your stipend as follows:

Go to Federal Taxes > Wages and Income
Scroll to the Less Common Income section and choose Miscellaneous Income (the last choice)
Choose Other income not already reported on a Form W-2 or Form 1099
Answer Yes on the Other Wages Received screen
Continue past Wages Earned as a Household Employee and Sick or Disability Pay
Answer Yes on the Any Other Earned Income screen
Choose Other on the Enter Source of Other Earned Income screen
Enter your stipend information on the Any Other Earned Income screen.

This will report your stipend on line 7 of your Form 1040, and you will not be subject to Self-Employment Tax.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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