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Get your taxes done using TurboTax
crr4000,
A stipend is a form of taxable scholarship. Ideally it should show up in your tax return as scholarship income. However, it can be reported as other income, too. Take a look at
https://ttlc.intuit.com/community/retirement/discussion/re-ira-contribution/01/2889844#M189216
to see two ways to enter it. You will need to convert from Euro to US Dollars. It is acceptable to use a Dec 31 conversion rate obtained from the Treasury Department website
which lists and exchange rate factor of 1 USD equals 0.936 Euro. (Divide Euros by .936 to get USD.)
March 5, 2023
12:16 PM