My child is filing her own taxes and has added the info for her 1098-T at her home school. She was paid a fellowship by a different university for a summer internship. They did not provide her with any federal forms, just a state form. How does she report that fellowship stipend?
You'll need to sign in or create an account to connect with an expert.
Your daughter will report her fellowship stipend in TurboTax Deluxe by following these steps
With TurboTax open select Wages & Income click on I'll choose what I work on
Scroll down to Less Common Income and select Miscellaneous Income, 1099-A, 1099-C
On the next page select Other reportable income
On the page Other Taxable Income enter fellowship stipend in the description.
This will put the income on Schedule 1 Line 21 of your 1040, as required by the IRS. You will pay state and federal income tax on the amount, but it will not be subject to self-employment tax.
Thanks, that is the response I needed
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Robotti4
Level 1
TomG6
New Member
usera2ebaf25
New Member
jl_brooks
Level 2
alex868391
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.