This is considered a stipend, so you will report this under Other Common Income in TurboTax. Under this category, you will have the option to select 1099-Misc. I am assuming the income is reported to you in box 3 as other income. If so, this will be taxable income, but will not be taxed as self-employment income. You will not be able to deduct expenses since this is a stipend.
What is a stipend?
[edited 2.10.23 | 8:12am] @cazador4
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
